Nearly all online crypto casinos accept Bitcoin, so it’s best to have at least a basic understanding of what BTC is, how it works, and what the main pros and cons are.
Our expert guide will cover these topics in a way that’s really easy to understand and doesn’t use any of that overly complicated Silicon Valley jargon. Just straight facts.
There’s no such thing as a silly question, so let’s start with one of the most fundamental and important ones to any crypto casino players: what exactly is Bitcoin?
Bitcoin is a cryptocurrency. But it’s not just any old coin. It’s the first crypto ever created, and is the most widely known and used token in the world.
It’s 100% digital. When you see those gold Bitcoins in crypto news articles, they’re just a representation of the asset.
You can buy crypto using fiat, or ‘normal’ money, such as USD, EUR or GBP. This is done at an exchange, such as Coinbase. You enter how much BTC you’d like to buy, punch in your bank details, and the swap is made in minutes or even seconds.
You can then use your digital BTC online for all sorts of things, including playing slots and table games at all the best crypto casinos.
One long-running debate in the Bitcoin community is whether the coin is a currency, like USD, or a store of value, like gold.
It’s both.
Bitcoin began as an experiment, became a store of value, and is now emerging as a legit currency.
For something to be a store of value, it needs to have scarcity. Diamonds are an excellent example. They’re fundamentally worthless. But, because it takes an estimated 1 billion+ years to create one, they’re somewhat rare, which boosts their value.
There will only ever be 21 million Bitcoin, which creates a fixed ceiling and drives the price up. The opposite of this would be fiat funds, which can be printed into the ground. If a government is in debt by $100 million, there’s nothing to stop them simply printing that money – which then lowers the value of all other existing dollars, because that scarcity is decreasing.
It’s something El Salvado President Nayib Bukele brought up at CPAC 2024:
Speaking of Mr Bukele, he’s a key example of why Bitcoin is also a currency.
In September 2021, El Salvador became the first country in the world to officially accept Bitcoin as legal tender. They’ve since relaxed the policy a little, stating in 2025 that businesses no longer need to accept Bitcoin. Nonetheless, his point had been made.
On a smaller scale, you can use Bitcoin as a currency at almost all new crypto casinos. A lot of sites have both traditional payment methods and crypto options in the deposit and withdrawal sections, sitting side by side.
While Bitcoin is still in its early stages and is yet to be fully adopted by mainstream businesses, it’s found a perfect partner in online casinos.
If you’ve ever noticed that a casino has a weirdly large minimum deposit amount, it’s probably because the company running it doesn’t want to make loads of transactions. One of the main reasons for this is cost. The more times the casino accepts a transaction going in or out, the more resources it uses.
But Bitcoin largely eliminates this issue. It’s much cheaper for the casinos to facilitate BTC deposits, which are all fully transparent on the blockchain. That’s why the minimum limits for BTC deposits are smaller, and why you’ll spot crypto casino reload bonuses that specifically reward you only when you use BTC.
These savings are then passed on to you, the player. The casino is incentivised to get you to play using BTC, so they then offer larger, more generous bonuses for Bitcoin players. If you’re into crypto, it’s a win-win situation.
On top of that, withdrawals are way, way faster than with a traditional bank. Once you’re set up at a crypto casino, you can often cash out in minutes. In some cases, your withdrawal will need to go through a manual check – but it’s still likely to process on the same day you initiate it.
In short, using Bitcoin creates a big advantage for both casinos and players.
Now that you know the basics of Bitcoin, let’s take a look at the main pros and cons, particularly when it comes to playing at online crypto casinos:
If you want to buy Bitcoin for the first time, the best and easiest way is to use a beginner-friendly exchange such as Coinbase. The fees are a little higher, but it’s worth it initially because you’re less likely to make a mistake. You can find out more in our How to Buy Crypto guide.
It may be a frustrating answer, but the truth is that it could go up or down. Like any stock or share, there’s never a guarantee that the value of Bitcoin will increase. Many traders and specialists will analyse graphs, price history, news stories and more to make an educated guess – but price speculation is never 100% accurate.
In almost every way, a Bitcoin casino operates exactly the same as a standard online casino. The only difference is that you can make deposits and withdrawals using BTC, which is a much faster way to get your money. BTC casinos also have extra options, such as crash games.
Yes, the best BTC casinos are completely safe. Arguably, they’re more trustworthy than a regular casino, because you can trace each slot spin or hand shuffle on the blockchain, and check that it was legitimately random.
In total, there will be 21 million Bitcoins mined. This number can never increase. As of late 2025, there have been over 19.9 million Bitcoins mined, which leaves less than 1.1 million.
Moonshot Slots offers impartial information about online casinos and games. Our expert team creates reviews and guides based on their best knowledge and judgment. However, these resources are for informational purposes only and should not be considered legal advice. Prior to playing in any casino, ensure you comply with all relevant regulatory requirements.
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