Bitcoin Casinos In South Africa
Fact Checked
You might have heard many things about Bitcoin, but not all of them are true. This article gives you all the information you need to safely play at a Bitcoin casino South Africa for real money.
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Since its inception in 2009, Bitcoin has been making massive waves in different industries across the globe. Its presence in the gambling sector has allowed many South African players to have a fun, transparent, safe, and more accessible experience while playing their favorite game titles.
These Bitcoin casinos offer a transformative combination of digital currencies and online gambling when you decide to play real money games in South Africa anytime. This forward-thinking approach has helped to boost the vibrancy of BTC sites.
Bitcoin operates on a decentralized program. Its peer-to-peer network indicates that it is a boss of itself. Rather than Bitcoin transactions being verified by third parties, the system’s nodes take over this job. In addition, user data is stored safely in the blockchain and open to all and sundry.
A crypto wallet is an app or a hardware solution that helps pay at gambling sites by storing the information needed to access your cryptocurrencies. So, you must pick wisely since whatever you choose will be used for all your future transactions. Choosing one that is not up to par can lead to a breach in security and the loss of your coins.
With your wallet in hand, you get a 2-in-1 functionality. You can use your BTC to deposit in a regular casino account that supports cryptocurrencies or use it at blockchain casinos. Blockchain casinos work on blockchain technology in the same that Bitcoin works. This makes the two perfectly compatible.
| Year Founded | 2009 |
|---|---|
| Official Website | https://bitcoin.org |
| Best Platform to Buy It | Binance, Bybit, OKX |
| Best BTC Casino in South Africa | BetBeast |
| Alternative Payment Methods | Credit/Debit Cards, Bank Transfers, eWallets, Cryptocurrencies (Ethereum, Litecoin, or Ripple), Vouchers |
Important Things to Know About Bitcoin
Before proceeding to gamble at Bitcoin Casinos SA, there are certain things that you need to know. This way, you can fully maximize your knowledge for a chance to win huge at these sites.
- It is a decentralized digital currency.
- These transactions are logged on a public ledger known as the blockchain, ensuring transparency and security.
- This payment method operates independently, without control by any single entity such as a government or financial institution.
- Bitcoin is stored in digital wallets, and each one has a unique Bitcoin wallet address attached to it.
- The transactions here are pseudonymous; i.e. it promotes anonymity.
Since the cryptocurrency landscape is ever-evolving, it is important to learn about your preferred currency so that you will have a clue about how to use it.
How to Use Bitcoin at Online Casinos
If you own some digital currency or want to use it to increase your anonymity on the web, here’s what you have to know.
You’ll need to get a BTC wallet first. Consider going for popular Bitcoin wallets Ledger, Trezor, and Trust Wallet, as they are on the list of accepted wallets in many SA casinos.
To receive or send money you need to know a Bitcoin address. You can buy satoshis at third-party exchanges. Only choose the ones you can trust.
Don’t think that it is all you need for anonymity. BTC is a pseudonymous currency, as all the data is free to be analyzed. To remain unnoticeable, you can generate a new receiving address for each payment you make.
Hereon, you’ll find information on how to successfully make a deposit and withdraw your winnings.
How to Make a Bitcoin Deposit Easily
When it comes to Bitcoin wallets, and you have been struggling to make a deposit, here are step-by-step instructions on how to proceed:
- Pick a wallet from the recommended and create it
- Add some of the cryptocurrency to your newly generated wallet
- Log into the online gambling site that is legal in South Africa.
- Go to the cashier section.
- Choose “deposit” as your next course of action.
- Search for this cryptocurrency under the deposit menu.
- Input your wallet address and the amount you wish to fund your account with.
- Wait for the transaction to be successfully processed; this won’t take long.
- Start playing your favorite casino games.
The deposit is reflected in your account almost immediately. So, you don’t need to wait for too long before you start having fun.
Minimum Deposits
The minimum deposit varies depending on the casino’s terms and conditions. However, the least you can expect on most sites is 0.0001 BTC. This is equal to about 118 ZAR. you might want to go higher on your first deposit for a chance to leverage the available welcome bonuses.
Deposit Fees
Usually, casinos won’t charge deposit fees. However, there are a selected few that accept Bitcoin and charge a processing fee. The good part is that this fee is usually as little as the minimum deposit amount, 0.0001 BTC.
Process of Withdrawing Online Gambling Winnings in BTC
Once you have successfully deposited your fund and used it to play your favorite Bitcoin games, the next course of action is to withdraw your winnings. The process of achieving these is quite easy to grasp for newbies and seasoned players alike. So, let’s dig in!
- Log in to the online Bitcoin gambling site of your choice.
- Proceed to the cashier section.
- Find the withdrawal menu.
- Choose BTC as your payment method.
- Input your wallet address and the amount that you intend to withdraw.
- Cross-check to ensure that all the information provided is accurate.
- Wait for the transaction to be processed. This usually takes a couple of seconds or minutes at most.
Most Bitcoin casinos South Africa will allow you to withdraw with this payment method only if you have also deposited with it before. So, watch out for each brand’s terms before opting for Bitcoin withdrawals.
Best Bitcoin Casino Sites: Local & Offshore
Below are some of the top five casinos that accept Bitcoin operating in South Africa, which are available for punters to explore, with a couple of benefits to expect from them.
| Casino Brand | BetBeast | ZAR | bc.game | 7Bit | Yebo |
|---|---|---|---|---|---|
| Welcome Bonus | R50000 | R30,000 + 30 FS on Big Game | 180% match first deposit up to 20,000 BCD | 325% up to 5.25 BTC + 250 FS | R250 FREE Chip or 150% + 35 FS |
| Minimum Deposit | BTC 0.0002 (R200) | R100 | $10 | 0.16 mBTC (R5) | R100 |
| Number of Games | 9200+ | 288+ | 10000+ | 10000+ | 195+ |
| Grab a Bonus |
Criteria for Choosing the Best Bitcoin Casinos in South Africa
Secure Payment Method
Swift Process of Bitcoin Deposits and Withdrawals
Exciting Crypto Bonus Offers & Promos
Low Crypto Banking Fees
Fair Deposit & Withdrawal Limits
Wide Range of Games to Play
Unique Features of a Brand
Reviews from Players
Online Bitcoin Casino Bonuses
These cryptocurrency casinos offer a variety of promotions and bonuses that you can enjoy. They are as follows.
- Registration Bonus: This is given upon registering to become a member of the platform. It varies from Bitcoin casino no deposit bonus to free spins or both, depending on the generosity of the casino operator.
- Deposit Match Bonus: Most Bitcoin gambling sites in South Africa go ahead to offer deposit bonuses. Most run this even through the fifth deposit on the site.
- Referral Bonus: You get a gift for inviting friends and family to join in the fun. Upon registration, a specified referral code is given that you can send to invite others and get rewards for it, too.
- Cashback Offer: This is another incentive that you can look forward to. A percentage of your losses during the week is returned to your online casino account to support your gameplay.
- Loyalty Rewards: Consistent members on the site are recognized through this program. There are usually multiple levels that players can climb until they reach the peak, and each level showers them with personalized and general gifts.
These are some of the bonuses and promotions that are usually available for players to explore and leverage the crypto gambling world.
3 Best Mobile South African Bitcoin Casinos
For people who prefer to use their mobile devices to wager on their top Bitcoin casino sites, there is room for you. Here are some functional casinos on our list that you can navigate and that also permit crypto transactions.
Tusk
This best casino platform is regulated and licensed by the Curacao government. It offers a fantastic range of live dealer Bitcoin casino games, among others, that you can win. Besides being safe and secure, it is also mobile-optimized. While there are both downloadable apps, you can access its content via your mobile web.
SpinBetter
Thanks to its high-quality services, this sports betting and online crypto casino attracts players from around the globe. It offers an array of games from sought-after online casino software providers like NetEnt, Amatic, Pragmatic Play, QuickSpin, etc. Its online casino South Africa mobile real money version is available to all and enhances users’ experience. Android users find it even more comfortable because of the official app that was designed for it.
BigWins
This is one of the best Bitcoin casino South Africa sites with lots of games and a nice bonus. Avid casino player or a newcomer can choose to play the available games on their desktop or mobile devices. It is one of the new Bitcoin casinos licensed by the Curacao gaming authority and lets players deposit, play, and withdraw in cryptocurrencies.
Pros and Cons of Bitcoin Online Casinos
- The Perks
- Fast transactions
- Low transaction fees
- Security and anonymity
- Sense of ownership
- Not subject to inflation
- Widely accepted around the globe
- The Drawbacks
- High-risk asset (volatile)
- Irreversible transaction
- High risk of losing money if keys are compromised or lost
Alternatives for Making Bitcoin Deposits at Online Casinos
Not sure the Bitcoin gambling experience is what you need? Take a look at the alternatives.
Credit Cards
Indeed, credit cards are not as safe a payment option as BTC. This is because it can easily be stolen, misplaced, or accessed via the exposed CVC code behind the card. However, it is way faster. The funds should arrive almost instantly.
If you forget any details needed to make payments, you can easily retrieve them from your credit card issuer.
Wire Transfer
This is the least picked option because it entails physically making payments over the counter at the bank. Additionally, you may incur extra fees and experience some wait time for the transaction to be completed.
E-wallets
There are plenty of opportunities to pay online without a credit card, except for crypto. Skrill, Neteller, and Payz are just the beginning of the list. They may not have the same safety measures as BTC, but their speed of processing transactions, convenience, and accessibility make them a top choice.
Vouchers
These prepaid vouchers are usually purchased with a predetermined amount in mind from places like the convenience store. It is a safe and convenient online casino payment method that many have come to love.
| Feature | Bitcoin | Credit/Debit Cards | Vouchers | E-wallets | Bank Transfer |
|---|---|---|---|---|---|
| Processing Speed | Fast | Moderate | Fast | Fast | Slow |
| Anonymity | High | Low | High | Moderate | Low |
| Security of Transactions | High | High | Moderate | High | High |
| Simplicity to Use | Difficult | Simple | Simple | Moderate | Moderate |
| Possibility of Withdrawals | Yes | Yes | No | Yes | Yes |
| Fees | Variable | Low | Low | Variable | High |
Countries Where Bitcoin Is Accepted
Technically, cryptocurrency is accepted around the world, it’s just that some countries frown upon it more than others. For example, using BTC in China is challenging, but in Japan or the US, you can find BTC kiosks where you can buy Bitcoin with cash.
South Africa is somewhere in the middle of the two, with no hard regulation nor an actively developing Bitcoin infrastructure.
The Current Situation with South African Online Casinos
You can use Bitcoin in a legit online casino in South Africa, and there are plenty available. The government remains skeptical about cryptocurrency and insists that there is neither a legitimate regulation nor law for using it.
Bitcoin Wallet Recommendations for SA Punters
As a player from SA, there are a couple of compliant wallets that you can use. To pick the appropriate one, you need to be sure that their requirements align with yours. Some of the top choices that we recommend are:
- Exodus
- Coinbase Wallet
- Crypto.com Wallet
- Gemini
- SafePal
These wallets possess their varying strengths and weaknesses. So, ensure that it is what you need before going ahead to use it for your crypto casino transactions.
Security of Bitcoin Gambling Transactions
It is not wrong to say that BTC sites are safer than regular ones. This is all thanks to its crypto-decentralized system. There is almost a non-existent complaint about a breach in any of these crypto casinos. The thefts and intrusions usually occur during the process of making exchanges.
Since its transactions are encrypted many times throughout the network, this makes it very hard to decrypt. Just ensure to check for its licensing, bonuses & promotions, game catalogs, and reviews from previous players. All of these factors will help make an informed and better decision.
Author’s Insights and Tips for Playing at Bitcoin Casinos
FAQ
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How to Buy Bitcoin in South Africa?
- Find a trustworthy cryptocurrency exchange, create an account, verify your identity, deposit South African Rand, find the option to buy BTC, input the amount you wish to buy, confirm the purchase, transfer to a secure wallet, and enable 2FA (two-factor authentication).
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How Much Bitcoin Can I Buy for R100?
- R100 is enough to purchase 0.0000915 worth of BTC. This can change depending on the exchange rate.
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What Cryptocurrencies Except for Bitcoin Can You Use at Online Casinos in South Africa?
- Besides BTC, other cryptocurrencies acceptable at the best online casinos in SA include Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Dogecoin (DOGE), and Tether (USDT).
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What Casino Pays Out in Bitcoin?
- SpinAway, BetBeast, ZAR, BC.Game, Rooster.bet, 7Bit, and Yebo are some of the SA casinos that offer payout in this currency.
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What Is the Best Platform to Buy Bitcoin in South Africa?
- Binance, Bybit, OKX, Kraken, and Gate.io are some of the best platforms for punters to purchase BTC from in SA.
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Can I Buy Bitcoins on a Casino Platform Directly?
- Yes, some online casinos, especially those specializing in crypto, offer the option to buy it directly on their platform. For example, BC.Game allows players to purchase Bitcoin using various payment methods. However, not all brands provide this feature, so it’s essential to check the specific casino’s options.
References
- ↑ Bitcoin price today, BTC to ZAR live price — https://coinmarketcap.com/currencies/bitcoin/
- ↑ The rising popularity of Bitcoin in South Africa — https://bitcoinmagazine.com/culture/the-rising-popularity-of-bitcoin-in-south-africa
- ↑ 11 Best Crypto Wallets in South Africa — https://cryptonews.com/cryptocurrency/best-crypto-wallets-south-africa/
I’m Leah and I joined the team in July 2020 as a second editor of CasinoHEX.co.za.
Now I review licensed online casinos and slots on the South African market to provide the readers with juicy and rich bonuses, the newest promotions, and other useful information to help them make the right choice and enjoy safe and joyful gambling.
My name is Banele Nkuna, and I am thrilled to be a part of the CasinoHEX.co.za team as the second editor.
With a passion for online gambling and a deep understanding of the South African market, I have been entrusted with the task of reviewing licensed online casinos and slots and preparing blog posts for our site.
Since joining in May 2023, my primary goal has been to provide our readers with valuable insights into the world of online gambling.
