Crypto Casinos: Best Bitcoin Casinos to Try in Singapore
Cryptocurrency is making waves in pretty much every industry as a key medium of exchange. Its untraceability has made it even more popular. Now, cryptocurrency has made its way to casinos and gambling as well.
Bitcoin is by far the most popular cryptocurrency used by casinos, just like other industries. As a result, Singapore casinos also fully embrace this currency in their dealings.
In this article, you will learn about the best Bitcoin Casinos in Singapore.
The Legal Environment In Singapore
The Monetary Authority of Singapore does not regulate Bitcoin. Nonetheless, Bitcoin is not illegal.
This might sound confusing, but cryptocurrencies, in general, are not regulated in Singapore because they are not considered legal tender. The Payment Services Act, however, offers guidelines on their use.
Authorities suggest that these guidelines are mainly to monitor money laundering and terrorism financing. Despite not catering for transactions that would impact crypto casinos, these guidelines offer some assurance when adopting this currency.
While casinos in Singapore adopt digital currency, players enjoy the benefits that come with unregulated value exchange.
Some Of These Benefits Include:
Players that use Bitcoin can operate without government or Banks' intervention. The Blockchain technology that Bitcoin is based on leaves the control of the currency and transactions with the users.
The transactions go through a lot of devices which makes them impossible to trace or even follow. This means that players can earn and spend freely outside the watchful eye of financial institutions.
Players are not required to give too much personal information. Most times, they will only need to submit their emails to enable the smooth running of their accounts.
However, players may need to submit identification to withdraw their wins. But even with this, the information is minimal. This is because the transfers are made from one e-wallet to another, which does not require many personal details.
Transactions are stored on millions of devices. Considering how blockchain technology works, this offers transparency that guarantees safety for the players.
Due to the decentralization of data, anyone can see the transactions made. This feature offers accountability and a safeguard against any fraudulent transactions on the platform.
Faster And Free Deposits And Withdrawals
The transactions are made directly from one e-wallet to another.
This reduces commissions that players often need to pay. The transactions are thus much faster and accessible because no third parties are involved.
Global Reach (borderless)
Players using Bitcoin can operate without borders. They can place their bet on any platform that allows Bitcoin and stay unregulated by any government.
The casinos can then attract players worldwide, thus increasing their global reach and giving players more freedom and access to several online casinos.
Best Bitcoin Casinos In Singapore
It offers quick top-ups, and players can credit their wallets within 5 minutes. 1xBet is preferred because it’s one of the few platforms with commission-free deposits and withdrawals.
Betting in Bitcoin with 1xBet allows you to withdraw your wins in any currency on top of their existing payment options.
22BET offers welcome bonuses even for players that choose to play with Bitcoin. Players can make deposits and withdrawals using their e-wallets.
Players gambling with Bitcoin are granted full access to all the games on the platform, just like players using other currencies.
Offering an extensive range of games, 1XSlot boasts one of the largest collections of games for gamblers. In addition, players can participate in live casino games and even tournaments.
Players can make deposits and withdrawals using Bitcoin. New players even get promotional free spins no matter the currency they are using, along with several other promotional benefits.
True Flip‘s multiplatform service allows players to gamble on their computers, tablets, and even phones. The use of Bitcoin as one of the betting currencies has brought all the advantages cryptocurrency comes with.
Players get access to all the games on the platform even when they place their bets with Bitcoin. They also get to participate in jackpots and cash out via Bitcoin.
Casinonic offers players the best games and the best payment methods. With the addition of Bitcoin, Casinonic lives up to the claim that it is outrightly the best casino in Singapore.
Despite the struggles when it first launched, it has quickly redeemed itself by offering seamless gaming and payment options. The addition of Bitcoin further extends this redemption.
Players can receive several bonuses, participate in online games, and enjoy a very reliable customer care service.
White Lion Casino
The White Lion Casino is the home of juicy bonuses, especially for small-stakes first time players. The amazing bonuses, along with other incentives like the “first-deposit-back” policy make this a great option to try out.
To make the transaction process easy for every user, they have multiple collaborations with banks and ewallets. So you can choose from over 20 options, including bitcoin.
Thriving on a reputation of being one of the most popular online betting casinos worldwide, BetWinner further extends its global reach by accepting Bitcoin transactions.
Players can place their bets using Bitcoin, enjoy full participation in all games and jackpots, and deposit and withdraw with Bitcoin.
Play Amo presents a rich collection of casino games and boasts of a highly rewarding VIP program.
The introduction of Bitcoin means that players can enjoy the benefits that it brings for the wide range of available games. Account top-ups, i.e., deposits and cash out, i.e., withdrawals, are all possible using Bitcoin.
With the value Bitcoin brings, players using this method will most likely make it into the prestigious VIP program and stand a chance to win several prizes up for grabs.
CasinoChan is also famous for its VIP program, where their most loyal players stand to win great prizes. Users can also play to win mega prizes like fancy sports cars and so much more.
By extending the use of Bitcoin, players get to make faster deposits and withdrawals while still enjoying all the games on the platform as usual. In addition, players can also choose the option to claim their wins in Bitcoin currency.
The platform also carries multiple world-class games from a variety of software partners. Patrons get to play on various devices as well while enjoying exceptional customer care.
This is one of the most bespoke online casinos. With the introduction of Bitcoin, Jack998 extended its reach and popularity among gamblers.
On this platform, users can connect to live casinos, place their bets on various games, and stand a chance to win and cash out using Bitcoin.
Bitcoin casinos in Singapore bring an added touch of convenience and anonymity to gambling. They bring all the advantages of cryptocurrency while still granting players full access to the gaming platforms.
Choosing the best site mainly depends on the players’ preferences. But, the casinos mentioned above are some of the most outstanding from a vast pool of Bitcoin casinos that you should try. They bring variety in games, payment options, and fun.