Playing Slots With Bitcoin: All You Need to Know

Cryptocurrencies have become the go-to payment option for crypto casino gaming enthusiasts. Unsurprisingly, BTC is the top coin to use. The numerous benefits of this virtual asset have led to the development of Bitcoin slots. Some players think the entire concept of using BTC at casinos is complex, but it’s much simpler than it looks.

How Bitcoin Slots Work

Playing BTC slots is straightforward if you’re familiar with regular slot games. The main difference is that you use Bitcoin to make a bet instead of traditional currency. You can play with BTC in LuckyDreams Casino and on other gambling sites that support this payment method.

Step 1: Deposit Bitcoin

To start playing, deposit funds into your casino account using BTC. The process is straightforward: transfer Bitcoin from your wallet to the casino’s provided address.

Step 2: Select a Game

Once your payment is successful, you can choose a slot title to play. At the best casinos, you get many different Bitcoin slots from multiple providers. Still in doubt? Introducing Relax Gaming’s Latest Slot Sensation! It’s a cool slot game with almost a 3 million dollar jackpot.

Step 3: Place Bets

To start playing, you first set your wager amount for each spin. Most slot games allow you to do this quickly using the + and — buttons. 

Step 4: Hit Spin

With your bet registered, all that’s left is to spin the reels. The goal is to match similar symbols across paylines to win. Some games have clusters instead of paylines. 

Step 5: Get Payouts

Now, each time you land a winning combination, the slot pays you based on a multiplier. The money is added to your account instantly without interrupting the gameplay.

Step 6: Withdraw Winnings

When you accumulate the required minimum, you can submit a cashout request to the casino. This step might involve D verification, which you complete by submitting copies of certain documents. Afterward, the site will process the payout and credit your account, usually within a few minutes to hours.

Tips for Finding the Best Bitcoin Slots

So, you’ve got the hang of playing BTC slot games. Now, finding the best ones doesn’t have to be hard at all.

1. Check operator reputation: First, confirm if the casino you want to play on is reliable. If it’s not, it means your data and money aren’t safe after you sign up and deposit. 
2. Confirm license: Similar to the initial point, you must pick a BTC platform that’s regulated by a recognized authority. We prioritize this since licensed casinos follow strict iGaming standards you’ll find beneficial. 
3. Review the game selection: By default, choosing a Bitcoin casino with a wide variety of slots is best. The more games you have available, the higher your chances of finding thrilling tithes. 
4. Evaluate the payout rates: This influences how much you can expect to win from playing a Bitcoin slot over time. In other words, choosing a high-payout crypto casino means getting good returns in the long run. 
5. Consider bonuses and promotions: The best sites for playing Bitcoin slots will provide many rewarding bonus offers. For instance, you may receive free spins promotions to play without using your bankroll.

Upsides and Drawbacks of Bitcoin Slots

BTC slots are exciting, but before you start having fun, it helps to know the perks and drawbacks — we’ll start with the former.

Advantages 

One of the main upsides of playing BTC slots is fast transaction speed. Generally, cryptocurrencies are much quicker than FIAT in terms of casino payments. You’ll hardly record a transaction delay when depositing or withdrawing to play the Bitcoin games.

Another benefit worth mentioning is lower fees. BTC payments often charge less than FIAT options such as credit cards or bank transfers. We must also note that Bitcoin slots offer more privacy as you transact. You won’t provide any sensitive information for deposits or payouts.

Disadvantages

In this aspect, volatility takes the crown since cryptocurrencies like BTC prices constantly fluctuate. Sometimes, it’s low, and other times high. For this reason, the value of your winnings can change rapidly, which can be risky. Besides, not all online casinos with slot games accept Bitcoin.

Bottom Line

The bottom line is that Bitcoin slots are like the regular ones, except that you use crypto. Our main takeaway is that you should always try to find the best game. Also, always keep the upsides and downsides in mind so you know how the factors influence your gameplay.