Credit cards are used for buying cryptocurrency in hybrid and crypto casinos. With greater adoption of cryptocurrency, it is no wonder that Bitcoin casinos have started using them because of their convenience. But can you withdraw to your Bitcoin casino credit card? And can you actually make a Bitcoin casino deposit with a credit card without giving away your personal information to the casino?
The casinos at the very top of our listing all give you the option to buy cryptocurrency with a credit card, while having the best overall rating based on our criteria. The rating consists of topics such as number of games and sports, bonuses, accessibility and ux, vip and loyalty programs, and support. So you for sure can’t make a wrong decision, if you choose one from the very top.
There are various bitcoin casino credit card bonuses. Bonuses can come in various forms, such as free spins or various types of deposit bonuses. Casinos typically use them to promote themselves while giving something back to players who opt for this option.
Like all bonuses, bitcoin casino credit card bonuses also have certain requirements and restrictions, such as minimum deposit amounts and wagering requirements, which must be met in order to claim the bonus. Some bonuses may also be limited to specific types of credit cards, such as Visa or Mastercard.
We would also like to mention that it is extremely important that you read the casino’s terms and conditions of the casino bonus before claiming it, in order that you understand the bonus requirements and casino’s rules. However, if you want an example of a great credit card bonus, you can’t miss Trustdice‘s first deposit bonus of 100% up to 1BTC with 40x wagering on bonus. With this bonus you will also get 25 free spins! The minimum deposit, on the other hand, is 1mBTC.
In this part of the Bitcoin casino credit card guide we would like to point out that that although crypto casinos are deemed to be anonymous, if you decide to purchase Bitcoin or any other cryptocurrency for that matter in a casino, you have to give the casino your personal information like your name, date of birth, address and credit card info.
The majority of crypto casino players typically decide to play with cryptocurrency, due to the fact that they can stay anonymous in the casino they’ve chosen. That’s why we strongly suggest that if you wish to stay anonymous you have to first create an account on an exchange, purchase crypto there, and transfer it via blockchain to the casino. That way, you enjoy the benefits of playing in crypto casinos, like the safety of the Bitcoin network. The casino won’t know anything about you, except the address where the deposit came from.
Credit cards are a common and convenient way for players to fund their online gambling accounts, as they offer a number of benefits. Some of the advantages of using a credit card for online gambling include convenience, security, speed, bonuses and ease of use.
While credit cards can be a very useful tool for online gambling, it is important to use them responsibly in order to avoid excessive debt, or any kind of debt for that matter. It is also important to remember that online gambling is illegal in some countries and it is important to check the laws and regulations in your specific location before participating in any online gambling activities, whether you are from the UK or US. You can find some more guides for countries that are most frequently restricted in our menu.
If you are new to online gambling, allow us to simply explain how to purchase cryptocurrency with a credit card. We would also like to point out that if you wish to withdraw the cryptocurrency from a casino, you would have to transfer it to another wallet, since you can’t transfer them directly to your credit card.
In order to buy crypto with a credit card, you must already have an account in a casino. Preferably in one that supports your purchase method. Casinos typically offer bonuses for buying or depositing cryptocurrency. We recommend that you check which bonuses are available in your casino, since you will be able to make more bets and therefore benefit by redeeming them. However, it is not necessary if you don’t wish to do so.
After you’ve found a casino that supports your method, all you have to do is buy the cryptocurrency by choosing the payment provider which has the smallest fees and fastest transaction time. You’ll most likely have to give your personal information if you’re planning on purchasing larger sums of cryptocurrency. However in some cases like in Bitstarz’ you’ll be able to buy a couple of hundred dollars worth of crypto, without revealing your personal information (the amount depends on the payment provider).
After you’ve purchased the crypto, all you have to do is play! However, be careful. You can’t transfer your winnings back to your credit card, so you’ll have to transfer them to either a different wallet or convert crypto back to fiat with a payment provider.
It is not possible to directly withdraw cryptocurrency to a credit card because they are solely created for outgoing payments. In addition, credit cards are also only designed to handle fiat currencies, or traditional government-issued currencies like dollars or euros. The most similar payment method to a credit card would be a wire transfer. Credit card purchases are usually instant, while wire transfers can take a couple of days, for reference.
Cryptocurrencies, on the other hand, are digital assets that use cryptography for security and are not directly tied to a fiat currency. In order to withdraw cryptocurrency from a casino, you will need to first transfer it to a cryptocurrency wallet. From there, you can sell the cryptocurrency for fiat currency and then withdraw that fiat currency to your credit card or bank account.
The plus side of cryptocurrency is that you can hold onto it as an investment or use it to make purchases at places that accept the cryptocurrency. So if the price of crypto goes up, you make a passive profit, however if the value of crypto goes down, you lose your assets and it is best for you to decide based on your financial situation. However, if you still want to hold your assets in a crypto wallet and avoid the market’s volatility, you should convert them to stablecoins. Another downside to crypto would be that if you accidentally send your assets to a wrong address you have no way of recovering them.
The way we see it you have two options to make a withdrawal:
Besides making a Bitcoin casino deposit with credit card you can also opt for a 3rd party payment provider such as MoonPay, MiFINITY or CoinsPaid for example (don’t worry, these aren’t the only ones, just the few that we decided to point out to make your decision a little easier).
Another thing we would like to point out is that the cryptocurrencies that you can purchase depend on the country or state you are from, so make sure you check the provider’s terms and conditions.
MoonPay has a purchase fee of 4.5% or $3.99, whichever is higher. Beside the purchase fee you also have to pay the network’s fees. Network’s fees depend on the blockchain that a certain coin was built on. However, MoonPay offers a lot of cryptocurrencies.
To play with crypto in MiFinity casinos, MiFinity has 1.8% crypto fees besides the blockchain network fees, which you always pay yourself. For fiat transactions with currency conversions these fees are around 3% and can vary depending on the currency pair. You can read more about MiFinity, which currencies they support, restricted countries and much more in our guide.
CoinsPaid has relatively low fees of 0.8% for crypto purchases and >5% for fiat. It has supported 20 of the most popular cryptocurrencies and more than 40 major fiat currencies. Our recommendation is that you choose CoinsPaid since it has the lowest fees of the listed payment providers, which will ultimately result in you receiving more crypto to play with. Here’s a fun fact: CoinsPaid was specially developed for use in crypto casinos.
Sadly, that’s impossible. Buying anything with a credit card requires you to give personal information, however if you prefer to stay anonymous you can always make a purchase by creating an account on an exchange, buying crypto there and transferring it via blockchain to the casino.
Of course you can, just make sure that the specific bonus you’re planning on using is actually compatible with your credit card.
Sadly you can’t. Even though credit cards can be used for many different purchases including cryptocurrency, the majority of Bitcoin casinos allow players to only transfer cryptocurrency from a different wallet.
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