4/13/2022
68
BTC is one of the many virtual currencies in the market that protect your anonymity. You have to buy the BTC from a dealer as a number of online dealers are always selling BTCs. The price of the currency is almost updated every second, so there isn’t any fixed price. The first condition is that you have to be registered on an online website using your credentials for purchasing this currency. After you have paid the price for the number of bitcoins you want you would receive them in your wallet. This wallet can further be used to make online transactions.
Satoshi Nakamoto created this currency by using a number of cryptocurrency concepts. The domain of bitcoin.org was created on 18th of August 2008, and later a research paper regarding an electronic cash system was posted online by Nakamoto. On 3rd January 2009, he created this cash system. The first BTC transaction was done on 12th January 2009 when a programmer Hal Finney received 10 bitcoins from Nakamoto as a gift because he was the first one to download his software. The beauty of this currency is that there is no centralized system and nobody has the control over it. It is a peer-to-peer system, and all the people involved in the system make an impact. For example, the initial value of a bitcoin was decided when two BTC owners ordered a pizza for 10,000 bitcoins.
A bitcoin wallet can be dealt as a storage for the bitcoins. You can save your bitcoins in this wallet. Although it is just a conceptual one because in actuality there is just a private key being stored for every bitcoin address you own. The wallet belongs to you as well as the currency stored in it.
There are a number of methods to stay anonymous while using this currency. Although none of your personal information is shared like your name, phone number, email address, etc. even during a transaction, but your public IP address is recorded which can lead back to you. You can use software which provides bitcoin mixing service to create fake IP addresses, different kinds of browsers to change your location online, or by using VPNs.
Contents
The Origin of Bitcoin Slots Slot machines were invented in the late 19th century in California. Ever since, they have evolved from a fully mechanic device, to a highly computerized machine with screens as it dominated casino floors around the globe. Then came online slots, and the machine changed completely. The latest and most disruptive addition is the integration of bitcoin and cryptocurrency payments to online slot machines. Here are some of the main advantages of bitcoin/crypto slots – progressive jackpots in bitcoin or crypto – low fees, fast and frictionless deposits and withdrawals. Welcome to Bitcoin slots online, where you can find the best Cryptocurrency slots categorized in all available altcoins and games like, free spins, jackpot slots and bonus games to play with BTC, Ethereum or any other coin of your choice. There are many benefits that come along with playing online casino slots at Bitcoin casinos. Especially if it’s Slots with cryptocurrency, which means that the player can bet in bitcoins. Playing bitcoin slot machine games online is always pleasant because the gambler does not need to have any gaming experience in order to win playing slots. All you need is luck. NetEnt that is a famous Swedish casino software company of games, was the pioneer in offering free spins on video slot games. However, gradually many online gambling sites began following NetEnt, but it is still a leading provider of free spins on slot machine games. Bitcoin Casino Free Spins 2021.
- 3 FAQs
Best Bitcoin Slots 2020
Although there is a number of online BTC slots, but we need to get you the best of them. Here are the best of 2020 that you can play and enjoy. Some of these give you few bucks, games or free spins as a deposit bonus but you will also find some bitcoin slots no deposit bonus. Depends on your choice but here is a list of top 5 BTC slots from www.bitcoincasinosonly.com for you:
- Platinum Lightening
- The Ninja
- Book of Pyramids
- Greedy Goblins
- Starburst
Playing a bitcoin slot machine can be great fun as there are numerous free bitcoin slots, bitcoin video slots, and multiple other options. Most of the products of bitcoin slot machines are classic slots with 5 reels and a multiple numbers of paylines. Now you have a proper list of top bitcoin slot games on the basis of our experts’ bitcoin slots review, so you don’t have to do a lot of research online to know the best ones to play. Our bitcoin video poker you can also find at our website BitcoinCasinosOnly.com.
Best Bitcoin Slots Sites 2020
We have shortlisted few of the best and trustworthy BTC slots sites for you, so you have an updated list for fulfilling your love for gambling online and getting the fruit of your efforts. Although there are thousands of slots online these are the top 5 according to our bitcoin slots review:
- BITCOINCASINOS.US
- 7 Bit Casino
- Dasist Casino
- bitStarz
- mBitCasino
There are multiple advantages of choosing top bitcoin slots casinos as you get to enjoy amazing bonuses and a number of offers. Let’s try to cover each one of the advantages if you play casino with bitcoin:
- This digital currency is based on a technology that helps you to remain anonymous, and these casinos also ensure your anonymity.
- The payments are a lot safer.
- The fee you have to pay in order to play is relatively less.
In the same way, these kinds of gambling platforms bring some advantages they also have few disadvantages, and you have to decide accordingly. Here are some of the disadvantages:
- The value of this currency keeps changing every time, so you never know when the value drops and you have to lose moneyeven if you aren’t losing the game.
- You need to have some basic knowledge regarding the blockchain technology and the factors behind the value of bitcoins in order to be more successful in such slots.
FAQs
Q1: Is gambling with BTC really legal?
Answer: There are different countries with different regulations according to government priorities regarding it, but it is legal in few states of USA, United Kingdom, France, Germany, Canada, Finland, Japan, Spain, Australia, and Norway.
Q2: Is gambling with Bitcoins anonymous?
Answer: There are multiple gambling sites that do not require any kind of player’s information, but some of them do require a negligible amount of your information.
Q3: Is there a minimum deposit on bitcoin casinos?
Answer: No, there is no minimum deposit on these kinds of casinos.
Q4: Are there territorial restrictions for bitcoin casinos?
Answer: The law, jurisdiction authorities, and gambling commission are different in various countries, so you need to read them from the official casino’s site in this regard. Most states in the USA have different rules and regulation about it.
Q5: Why just normal casinos are not enough? Why we need bitcoin casinos or casinos that are provably fair?
Answer: There is a need of provably fair casinos because they give every player a fair winning chance which is not the case in conventional casinos and they do not require your personal information most of the times.
Q6: I am not a technical person, and don’t understand the ins and out of BTC market, can I still use bitcoin casino site?
Answer: Yes, it is possible for a non-technical person to use a bitcoin casino site. Such a person can easily gamble, and the only risk is that if BTC stops its growth, he/she wouldn’t be able to understand it.
Q7: So do all bitcoin casinos accept only BTC as a deposit method?
Btc Slots
Answer: No, there are various deposit options available at most of these casinos.
Q8: What are other cryptocurrencies that we can use for online casino deposits?
Answer: You can also use Ethereum, Litecoin, Ripple, Monero, Dogecoin, Edgeless, HEROcoin, and ERC20.
Q9: Is it a safe banking option to use?
Answer: There is no link to any bank regarding this digital currency, but you can convert it into dollars, pounds, or euros from various exchange sites.
Q10: How fast are BTC transactions with casinos online?
Answer: The transactions are pretty fast as they take few hours.
Q11: How do Bitcoins compare to other banking options?
Answer: BTC is not regulated by a centralized banking system, but it is based on a decentralized system in which everyone who owns a Bitcoin or a fraction of it has a role to play. It is a peer-to-peer system and the value also changes accordingly instead of being decided by a centralized authority.
Q12: Will there be any fees with Bitcoin transactions?
Answer: Yes, there is a particular transaction fee that can be calculated online on the number of Bitcoins involved.
Q13: What are the perks of playing with bitcoins?
Answer: The perks include security, user anonymity, no taxation, no 3rd party interruption, and low transaction fee.
Q14: How to deposit into your casino account?
Answer: It is pretty easy as you can directly deposit from your BTC wallet into your casino account.
Q15: How to cash out your winnings?
Answer: You can easily cash out digitally your winnings to your wallet and then convert it into your preferred currency through various websites to get your money.
Conclusion
Overall, it is a pretty secure option as your anonymity is guaranteed. You can also enjoy low transaction rates, and the whole transaction process is pretty fast. There is a minimum risk involved, and when your identity is not at stake, there are a number of different perks you can enjoy. Instead of going for the normal online slot it is a better option to choose a BTC slots website if you know about the rules, cash out options, and gambling strategies. And if you would like to play blackjack for bitcoin just check this link and have fun!
Online slots are an important part of any online casino and Bitcoin slot casinos are no different. We have reviewed the best Bitcoin slots and Bitcoin slot machines including 3-reel, multi-line, bonus features, video slots and progressive jackpots. Here you will find a list of the most popular and best Bitcoin slot games.
Even though there are fewer Bitcoin slot machines available compared to the thousands in traditional online casinos, many of the classics are there and the jackpots are big!
Best Places to Play Bitcoin Slots
Below are our top picks for where to play slots with Bitcoin online
BetChain
FortuneJack
CryptoWild
BetChain
BetChain casino is one of the best online gambling platforms for you to play the top Bitcoin slots. Established in 2014, BetChain specializes in Bitcoin slot machines, table games, poker, live casino games and more. It’s a crypto-only casino, so accessibility is king.
FortuneJack
FortuneJack casino is another well-established online cryptocurrency casino. It launched in 2014, and has since made a name for itself in the online gambling community. This Bitcoin slot casino specializes in online slots, sports betting, dice, and live casino games. It also plays host to a variety of provably fair casino games.
CryptoWild
CryptoWild is a newer online casino, but it’s already making a name for itself in the industry. You’ll find a host of epic Bitcoin slot machines, table games, live casino games, and more. Plus, CryptoWild offers incredibly generous bonuses which really sweeten the deal.
Bitcoin Slots Payouts
In a traditional online casinos slot machine payouts are set around ~95%, depending on machine type and bet size. The same is true at Bitcoin gambling sites. The house edge is stable at around ~5%.
Some gambling sites are being even more aggressive and offering up to 99% payout in an effort to attract new customers to the world of betting with Bitcoins.
Bitcoin Slot Machine Types
Every Bitcoin slots player has their favorite type of machine to play, so it’s important to see if Bitcoin gambling sites have the variety. The most common types people play are:
- 3- reel classics
- Multi-line slots
- Bonus feature slots
- Video slots
- Progressive jackpots
The good news is that almost every kind of Bitcoin slot is available at these Bitcoin slot casinos, including some really HUGE progressive jackpots, so you can definitely satisfy your one arm bandit craving. It is important to point out though that there are not as many different versions as in normal casinos like Playtech or IGT and that video slots are not commonly available yet. Plus Americans can play!
Free Slot Casino Games
Bitcoin Online Casino Slots
One of my favorite things about gambling at a Bitcoin slot casino is the free play option available for BTC slots. Almost every casino site offers the option to try out the slot machines for free without registering or downloading any software.
This is very convenient and means you can find games you like before even opening an account. We’ve included a list of the different Bitcoin slots games on this page, so check it out and try the games for free!
Bitcoin Casino Slot Machine
You can see all of our bitcoin casino reviews here.
Bitcoin Slot Machines
Bitcoin Slots Basics
Online Bitcoin slot machines work just like offline slot machines. However, there is one big difference with online casinos; they offer free to play. In fact, some popular offline slot machines have been converted for online play. You still have the same goals to win. You spin the slot and hope for a chance to win a prize by lining-up different symbols or icons.
Most Bitcoin slot machines offer a free to play service. This is a great way for beginners to learn about slot machines. You will be able to play the game without investing money on it initially. When you already got the hang of how it works, you can proceed to play with real money so you can feel the rush of winning real cash.
Since online Bitcoin slots work just like the brick and mortar slot machines. There are certain terminologies that beginners may not be acquainted with. The following are a few of the popular slot machine terminologies:
- Symbol – this refers to the different pictures that spin with the disk. You want to form them in special combinations to win. The winning combinations are already pre-determined according to the online slot game.
- Reels – It is the disk where the symbols are placed. When you hit “spin”, the disc spins. When it stops, the symbols are then checked to see if you win anything.
- Payout – the term refers to the prize that the player will receive every time he or she wins a spin.
- Pay Line – the term refers to the line that corresponds to a prize.
- Progressive Jackpot – the term refers to the amount of prize or money that continuously increases as he or she hits a winning game. Until the jackpot is hit, the progressive jackpot continues to grow.
Popular Slot Machine Variations
Online Bitcoin slot machines also incorporate game variations that are present in brick and mortar online slot machines such as multiple payout slots and multi-line slots.
With multi-line slots, you are able to access multiple lines that give you the opportunity to win prizes. Since these kinds of online Bitcoin slot machines have many lines, your chance of forming a winning combination also increases. These kinds of slot machines are becoming a staple since a lot of players prefer them compared to traditional single line slot machines.
Multiple payout is a Bitcoin slot machine variation in which the player increases the payout if he or she adds additional coins every time the player wins. This means if you win and do not add coins, you will not be able to give yourself the opportunity to increase your payout if you do win.
Conclusion
Online Bitcoin slots work just the same with brick and mortar slot machines with unique advantages. They are fun and exciting, and you can play with them in the convenience of your home while wearing pajamas.
simprijanvo1981.netlify.com – 2021