Your Way to Pay: Bitcoin Casinos NZ
Cryptocurrency is a leap forward in distributed electronic payments, and as such so is Bitcoin. Bitcoin is recognized as an international open-source crypto payment method that third parties do not control, lowering the fees associated with online transactions. It is safe and secure with the transfer of a digital currency speedily deposited at selected participating companies, businesses, and online merchants. Bitcoin casinos have become quite popular in New Zealand, as cryptocurrency has become more widely accepted throughout the industry.
Although not all online casinos have adopted crypto as one of their payment platforms, many renowned brands have already implemented this option, providing a high ranking among leading New Zealand casinos. Crypto adoption is changing how businesses process financial transactions, offering a quick and user-friendly alternative form of monetary funds that can benefit players positively.
Top Bitcoin Online Casinos
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Out Top Bitcoin Online Casino Pick For 2023
When it comes to new Bitcoin casinos in New Zealand, Yoju takes the cake. With a new and modern look, Yoju keeps surprising players with its varied cryptocurrency gambling options and never-ending promotions to choose from.
Upon accessing Yoju, Kiwis have access to their welcome offer with many banking options for deposits and withdrawals, one of the most popular option being Bitcoin. For only 5 BTC, players can receive NZ$2000 + 100 mega free spins equal to NZ$100 each; that means each Bitcoin grants NZ$400 at Yoju.
The Yoju experience is one of the best offered to Kiwi players.
Why Use Bitcoin Casinos?
Bitcoin is a safe and trusted payment method amongst many New Zealand online casinos taking the initiative to outgrow their competitors. At the forefront of innovative thinking, these casinos are always looking for ways to create a safer and simplified transactional environment for their players.
Another advantage is that no personal details are divulged to third parties; all transactions are anonymous, ensuring the utmost privacy for all users. Bitcoin is currently one of the few online payment options where users can remain completely unnamed when making payments. With Bitcoin, there is no need to create online accounts where personal details are required, with players not needing a bank account to acquire Bitcoin.
Bitcoin provides a relatively high degree of online security when using it as a legitimate online payment option. Provided the user visits reputable and vetted online sites and eWallet systems associated with Bitcoin, there is virtually no risk involved. The service does not link to bank accounts, therefore is entirely safe and secure.
Using Bitcoin as an online payment method brings the advantage of being super-fast compared to other options. When depositing into your online casino account with Bitcoin, your funds are available instantly, allowing Kiwis to take advantage of special offers or promotions without a second delay.
One of the downsides of using Bitcoin is that not all online merchants accept this as a payment method. Bitcoin also seems more expensive, since some welcome bonuses only offer 1 BTC and several free spins; players are used to seeing a large percentage of cash on a match deposit bonus, which isn’t the case when signing up with Bitcoin.
Most online casinos have recently begun charging higher fees for banking with Bitcoin, anywhere from 2.5% to 5% or more, depending on the casino in question.
Depositing with Bitcoin
As long as you are prepared to invest a little time in a few essential elements before using Bitcoin, making safe, fast, and secure deposits into your casino account is easy. Simply follow the steps described below to learn how to make easy and convenient deposits using Bitcoin:
- Find a reputable and secure online exchange site to acquire/purchase Bitcoin
- Download a Bitcoin eWallet, from the exchange sites or simply online, to track your balance
- Look for the Bitcoin logo at your desired online casino
- Click on the “Cashier” or “Banking” tab
- Navigate to the “Deposit” option
- Click on the Bitcoin option deposit options
- Obtain the wallet address provided by the casino
- Go to your digital wallet via the navigation button
- Paste in the wallet address provided by the casino
- Authorize the transfer of the desired amount you selected
- The funds are now reflected in your account; have fun!
Withdrawing with Bitcoin
When withdrawing Bitcoins from online casinos in New Zealand, the method is safe and simple, similar to depositing using this option. The following steps are required to make a withdrawal using BTC:
- Sign into your online casino wallet
- Navigate to the ‘Withdraw’ option
- In the Bitcoin section, an address will be required; enter the address for the Bitcoin wallet
- Enter the amount to withdraw
- Confirm this transaction and the funds will be processed
Kiwis need to determine the amount of BTC they want to withdraw from their online casino account and ensure sufficient funds are available. If you signed up using a bonus code or a welcome package, first ensure all wagering requirements have been met prior to making a withdrawal, or you will not be able to access the funds.
The use of Bitcoin over recent years has increased exponentially, becoming more accessible for Kiwis to transact with. As more players use these coins to play safely and securely, many online casinos are adopting this payment method so it is more accessible. It is a safe and secure payment method at trending online casinos and protects the identity of its users, making it one of the top preferred payment methods.
Cex.io; an established bitcoin marketplace that has been around since 2013. They will pay out in EUR, USD, and RUB, offer multiple cryptocurrencies and allow you to purchase the coins with regular or prepaid VISA or Mastercard.
Cubits; a European-focused Bitcoin wallet based in the UK and is registered as a Telecommunications Digital & IT Payment Service. This means they comply with UK Money Laundering rules and is thus a trusted service. Most legitimate online bitcoin casinos use Cubits as their wallet of choice.
Copay; by Bitpay, it is a simple Bitcoin wallet that can be used on iOS, Windows Phone, and Android mobile devices. The wallet can also be installed on desktops running Linux, Mac OS X, and Windows. Copay is one of the most popular Bitcoin wallets due to its multi-platform capabilities and user-friendly features.
Breadwallet; If you prefer mobile casino gaming and paying on the go, Breadwallet may be the best option for you. Breadwallet is available for both iPhone and Android users. Android users running an OS of 6.0 or higher can install Breadwallet, and its simple interface and top features make it a great starting point for new Bitcoin users.
Once you have your wallet installed on your preferred device, you can take the next step: going out and buying your first coins. There are many excellent crypto exchange sites, with more popping up daily.
Coinbase; one of the biggest Bitcoin exchanges online and accepts buyers from all over the world, including the USA and Canada. They also have the advantage of using credit cards to buy bitcoin and then use it at a casino.
Indacoin; one of the fastest Bitcoin exchange platforms to over 200 countries, with no registration required and most credit or debit card transactions accepted.
Bitcoin can be used for purchasing goods online, exchanging funds, or making safe and anonymous deposits into online casino accounts.
If you are not using or unfamiliar with Bitcoin, search online for any recognized wallet providers, which you can then use to send and receive BTC and begin your journey.
Bitcoin has opened the door to over a thousand cryptocurrency coins. These coins are being traded on Bitcoin currency exchanges, and their acceptance by the general population is a whole new way of looking at financial transactions. A vital advantage of using Bitcoin is that no governing body owns the network or can manipulate it. This has been a key disruptive technology that has disempowered banks and other financial institutions from monopolizing the financial industry.