Online Casinos in the USA Offering Bitcoin
The US is a country where different states have different stances on online gambling and the use of cryptocurrencies; nevertheless, most of the states that offer legal online gambling have also embraced crypto, and that’s why you’ll find plenty of US casinos offering Bitcoin. This is the coin that revolutionized banking as we knew it, making it possible for people to use a virtual currency that they can never physically touch, even though it seemed wildly impossible. And that's why, to this day, it is the leading cryptocurrency used by people and industries alike, including the online gambling industry. If you're reading this because you wish to play using BTC at a US casino, you probably want to know more about the legality of crypto in the country and how to get the best online gambling experience with it. That's why we're here; so, stay with us and we'll explore every aspect together. Is Bitcoin legal in the United States of America and how to use it across online casinos?
The Legality of Cryptocurrency in the US
You should not be ashamed by the fact that you don’t already know whether cryptocurrency is legal in the US; things are quite complex in the United States of America when it comes to regulating anything since they must go through regulatory bodies on a federal level and on a state-by-state level. Even if something is allowed on the federal level, individual states have the right to put a stop to it. Such is the case with both online gambling laws and cryptocurrency regulation.
While cryptocurrencies are, in general, legal, meaning anyone can possess and buy/sell crypto, they are actually banned or at least frowned upon in some individual states. While under Trump’s control, crypto was not backed by the government, it looks like Biden would embrace it, considering he approved the “Ensuring Responsible Development of Digital Assets” document. And while this might mean that the future looks bright for crypto in the US, we’re yet to see what will really happen.
What we know with certainty is that on a federal level, several government agencies have provided their regulatory frameworks for crypto, and on a state level, some local regulators have put in writing the rules for crypto use. So, the safest thing to do is to check the rules and laws in your respective state to know exactly what you’re dealing with when it comes to using crypto.
On that note, online gambling is not allowed in all states either; in fact, you can count the states with legal online gambling on your hand. The good thing is, those that do offer online gambling, have also embraced the use of crypto. So, if you’re from New Jersey or Pennsylvania, for instance, you can enjoy them both. But if from Utah, for instance, forget about them – neither is legal.
Assuming you’re playing from a state where you have the green light to gamble online using Bitcoin, let’s check out what you’d need to do to get started with the coin and use it for the smoothest deposits and withdrawals.
How to Use Bitcoin at an Online Casino?
If you’ve been given the thumbs-up to use Bitcoin across online casinos, it’s time to discover the steps you need to make to get started with the crypto and then learn how to properly use it for deposits and withdrawals.
So, first, you have to get some BTCs. You can do that by mining or by purchasing coins on an exchange platform. Mining is tricky really, because first and foremost, it requires the right equipment and costs a lot, and second, it is not allowed in some states as it leads to increased energy consumption. So, the most painless way to get some coins is to purchase them with any fiat currency offered at an exchange platform. Don’t worry, because the US dollar is offered across all of them.
Binance and Coinbase are some of the most popular exchanges, but you could try plenty of others, and they all offer Bitcoin. So, register an account with one and purchase your coins. All exchanges provide you with a variety of payment methods you could use to complete the purchase, such as eWallets, credit and debit cards, other modern solutions and even other cryptocurrencies like Litecoin, Dogecoin, and Ethereum.
Once you’ve successfully purchased some coins, you need to store them on a crypto wallet. Again, you have plenty of such wallets to explore; decide on one and create your account with it. With that, you’ll get a private and a public address, which are your IDs when exchanging crypto. These are strings of letters and digits that you need to keep safe, as they’ll serve as your keys to making transactions with your BTCs.
Finally, you need to choose a legit US casino that accepts the crypto and register an account with it. A huge number of US casinos do, so you have many choices to consider, some even reviewed and listed here at LCB, like Bovada, Casino Extreme, and Liberty Slots. Check them out and you can proceed to create an account with one.
To successfully deposit at your chosen casino with Bitcoin, go through the following steps:
- Head over to the casino’s Deposit page and choose BTC from the list of offered methods.
- In the pop-up, you will see the casino’s address and you need to copy it.
- Enter your crypto wallet in a separate tab and paste the casino’s address.
- Select the BTCs you wish to transfer and confirm the transaction.
- In an instant, the coins will reach your casino balance.
Withdrawals are also an option with it and requested in pretty much the same way. You need to select Bitcoin from the Withdrawal Methods list and paste your wallet address where required. You’d need to specify how much you wish to withdraw and send your request. The casino will need to approve it but once it does, the BTCs will arrive on your crypto wallet immediately.
The Best 3 Payment Methods that Offer Bitcoin Across US Online Casinos
In recent years, a new way appeared in which Bitcoin can be purchased and used, wherever cryptocurrencies are accepted, including online casinos. Some payment method providers, eWallets mostly, have started offering the functionality for users to purchase and sell crypto via their platforms. So, by simply creating an account with one of these eWallets, you can use fiat and digital currencies to fund your online gambling time and cash out winnings. Here are the best 3 payment methods that give you the opportunity to use BTCs across online casinos via their platforms:
- Skrill – Launched way back in 2001 and accepted in more than 100 countries across the world, the USA included, Skrill is one of the most widely-known eWallets. In addition to the amazing service it offers, it has also started offering users the chance to transact in digital currencies. With it, you can buy/sell Bitcoin along with many other cryptos like Dash, Bitcoin Cash, and EOS, to name a few. So, if you already have an account with it, you can skip the procedure we explained earlier, and just buy your BTCs on the spot, to use them across hundreds of US casinos.
- STICPAY – Dubbed as one of the speediest global eWallets, STICPAY is getting the recognition it deserves and is getting more and more popular across US casinos. It was launchedin 2017 so it is yet to reach its peak, but thanks to the fact that it offers over 30 fiat and digital currencies, the US dollar and BTC included, its time will come sooner than expected. You'd need to create an account to use it, of course, but with it, your Bitcoin online gambling experience would be flawless, so do check it out.
- Quickbit – Headquartered in Stockholm and launched in 2016, Quickbit’s name is already on the map and the eWallet has already gone global. Allowing users to make deposits and withdrawals across online casinos in both fiat and digital currencies, charging no exchange fees, this is a solution you'd want to use. Add to that the fact that once you withdraw your winnings with it, you can use crypto via its plastic VISA card and pay with BTC anywhere where VISA cards are offered!
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