Bitcoin is the most used cryptocurrency not only by online casino gamers but generally and has been since its beginnings in 2009. Bitcoin like every other cryptocurrency operates completely independently from any financial or banking institution. This fully decentralized cryptocurrency was created by Satoshi Nakamoto. Bitcoin is traded for fiat currencies such as Euro and US dollar across numerous exchange platforms.
Bitcoin is also used for making online purchases and all Bitcoin transactions are one hundred percent safe since it relies on the most advanced public key cryptography. In other words, every user of Bitcoin has his or her public key that everyone can see and his or her private key that is always kept a secret. In every single Bitcoin transaction, public keys are shared so that Bitcoins can be transferred from one user to another.
Bitcoin users must sign their funds or Bitcoins using their private keys before their transactions can be verified and before their Bitcoins can be transferred to another or other users over Bitcoin networks. The amount and time of every Bitcoin transaction are carefully recorded in ledger files that every Bitcoin network has. The user identity remains anonymous while all Bitcoin transactions are grouped in sequences named blocks. These blocks or chronological sequences are what form the most basic Bitcoin blockchains.
With everything being stored in these blockchains and with the most advanced cryptography technology used, it is extremely hard and almost impossible for hackers or anyone from the outside to hack into the Bitcoin blockchain. Besides extremely advanced security measures, Bitcoin brings numerous other benefits including:
- Complete user anonymity and autonomy
- Peer-to-peer transactions
- No processing fees for domestic transactions
- Very low processing fees for international transactions
- No tracking and no taxes
- Greater accessibility and mobile payments
The Best Bitcoin Casinos to Check Out
Considering the fact Bitcoin brings numerous benefits, there is no wonder why more and more online casinos operational across the globe start accepting Bitcoin alongside fiat currencies. Bitcoin is by far the most used and the most popular cryptocurrency in the world and finding a reliable, and trustworthy online casino that accepts Bitcoin is never an issue. Bitcoin emerged on the iGaming scene a couple of years ago and it has remained one of the safest, most reliable options for making online casino deposits.
Bitcoin is accepted by numerous online casinos and many of these are operational in the thriving African iGaming market. The best online casinos in Kenya, BTC ones grants quite spectacular welcome bonuses and ongoing promotions, offer quite impressive gaming libraries with the best online casino games included, employ the most advanced security and privacy measures, offer first-class mobile gaming sessions, and enjoy an amazing reputation among Kenyan online casino gamers who prefer staying anonymous while gaming online.
When it comes to the online casino gaming industry and Bitcoin, Bitcoin gambling reached its all-time high this year. According to the latest report by Game Aggregator, Bitcoin gambling activities held a major share of over 80% across SoftSwiss-powered online casino gaming venues. Bitcoin is the most used cryptocurrency among online casino gamers followed by Ethereum, Litecoin, and Dogecoin. This does not come as a surprise considering the amazing advantages of using Bitcoin for online casino gaming.
Since Bitcoin is one hundred percent decentralized, Bitcoins cannot be stolen in any and no banking institution can do anything to prevent you from accessing your Bitcoins. Essentially, you have complete control over your funds and your Bitcoin transactions regardless of at which Bitcoin online casino you make deposits. Using Bitcoin to fund your online casino account is one hundred percent safe. Nobody can access your payment information since Bitcoin transactions are processed without you sharing your personal data.
This means your personal data is also kept safe and secure when gaming with Bitcoin. Since you do not share your personal information when depositing using Bitcoin, there is no risk of identity theft as with some other payment options. Bitcoin transactions are also processed very fast in most cases instantaneously regardless of you making a domestic or international payment. Funding your online casino account with Bitcoin comes with no or very low transactional fees since no middleman is involved.
In most cases, you do not pay taxes on your Bitcoin winnings unless you reside in a country where there is a strict tax regulation in place regarding digital assets. Before you start your Bitcoin online casino adventure, make sure you check out your state’s stance on digital assets and taxes. Further, we take a look at the best Bitcoin casinos you should definitely check out if you are looking forward to gaming with Bitcoins in the safest online casino environment.
- 22Bet
- BitStarz
- 7Bit Casino
22Bet
22Bet Casino has been serving Kenyan gamers for some time now. In Kenya, this online casino is licensed and monitored by the Betting Control and Licensing Board that operates according to the strict regulations of the Ministry of Interior and Coordination of National Government. The casino’s impeccable gaming library features numerous premium games powered by Evolution Gaming, Authentic Gaming, Asia Gaming, GamePlay, Pragmatic Play, and many other software vendors.
The biggest selection of the 22Bet games falls into the category of video slots and here Kenyan gamers can try their luck on the most popular video slots, classic slots, branded slots, and even awesome progressive jackpot games.
Besides slots, Kenyan gamers access loads of classic table and card games such as Blackjack, Baccarat, Roulette, and even loads of live dealer casino games including Blackjack Vegas, Blackjack VIP, Lightning Roulette, Speed Baccarat, Side Bet City, Dragon Tiger, Caribbean Stud Poker, and more. When it comes to the casino’s banking service, fiat currencies are supported alongside Bitcoin and gamers can use a variety of reliable payment services to make deposits and withdrawals here.
BitStarz
BitStarz is one of the most popular, most visited cryptocurrencies-friendly online casino gaming venues and it serves avid Kenyan online casino gamers. In Kenya, the casino is licensed by the Betting Control and Licensing Board and it employs the most advanced security measures to protect its gamers’ personal, confidential data. Newcomers to the site are offered a generous match deposit bonus while other bonuses and promotions are offered quite frequently.
Kenyan gamers who register at BitStaz have an amazing variety of Bitcoin games to explore including video slots, live dealer casino games, poker and video poker, and more. All of these games are accessible on the move since BitStarz caters to mobile gamers as well.
Besides being able to use Bitcoin, BitStarz customers can also make deposits and withdrawals using a variety of standard payment options including Skrill, Neteller, MasterCard, Visa, ecoPayz, ecoVoucher, MuchBetter, Piastrix, MiFinity. In addition to Bitcoin, the casino supports Litecoin, Tether, Dogecoin, Bitcoin Cash, Ethereum, and other cryptos popular in Africa. Alongside these, players can use several fiat currencies including the US dollar, Euro, Australian dollar, Canadian dollar, Japanese yen, New Zealand dollar, Norwegian krone, Polish zloty, and Renminbi.
7Bit Casino
7BitCasino is another popular online casino gaming destination for customers who prefer using cryptocurrencies over standard payment options. The site catering to Kenyan online casino gamers is secured with the most advanced 128-bit SSL data encryption technology so no gamers should feel unsafe while playing here.
Its gaming library is powered by BetSoft, Microgaming, Blueprint Gaming, 2By2 Gaming, All41 Studios, Booming Games, EGT, Bet Games TV, Big Time Gaming, 1×2 Gaming, Elk Studios, DreamTech, Booongo, Crazy Tooth Studios, Absolute Live Gaming, GameArt, EvoPlay, Igrosoft, Habanero, Iron Dog, Gamevy, Evolution Gaming, Microgaming, iSoftBet, NetEnt, and many other software developers.
With such a rich gaming library, there is no shortage of slots, classic table games, instant-win, and live dealer casino games at 7Bit Casino and most of these games are Bitcoin games Kenyan gamers can enjoy as soon as they fund their accounts using this cryptocurrency. Other currencies supported including Dogecoin, Ethereum, Litecoin, Polish zloty, New Zealand dollar, Norwegian krone, Australian dollar, Czech koruna, US dollar, and Euro.
