Discover the Best Bitcoin Casino Sites New Zealand for February 2022
With the vast number of online casinos growing, every casino wants to differ from the rest in a way that it can attract more players than the others. From offering huge bonuses, offering mobile platforms, lowering the deposits, and others giving free bets, other platforms have identified another avenue that is really important in any casino and it is the payment section.
With the rise of cryptocurrencies, some platforms have gone ahead to incorporate them as a mode of payment and the result has proved to be futile. The following cryptos have been accepted to some of the notable casinos. Bitcoins, Litecoin, Ethereum, Monero, Dash, Bitcoin Cash, Dogecoin, Ripple, Zcash and Tether. The mode has been known to be fair, efficient, and secure and it is universally accepted which makes it one mode that is getting the required attention. What’s more, is that the service is normally free, unlike other modes that have charges on withdrawals or even deposits.
Let’s have a quick look at how to buy, store, deposit, or withdraw your bitcoins from a crypto casino.
Explore Top Bitcoin Casinos New Zealand
It would not be an exaggeration to say that Bitcoin, and cryptocurrencies in general, have the potential to change the face of online casinos, not just in New Zealand, but all over the world.
This form of online casino banking is already growing at a rapid pace, but it would be fair to say that as it has so much potential, we have not yet scratched the service with regards to how cryptocurrencies will literally change the face of the online casino industry.
Our recommended Bitcoin online casinos have all been rigorously tested by us so you will be pleased to know that they all meet our requirements in terms of security as well as meeting the regulatory requirements.
Definition: The term Bitcoin online casinos or Crypto casino refers to any online casino which accepts deposits by Bitcoin and/or Crypto Currencies alongside or in place of fiat currency, New Zealand dollars for example.
Related terms: BTC, Ether, Crypto, Blockchain, Cryptocurrency.
What is Bitcoin Exactly?
You’ve heard of credit and debit cards, prepaid vouchers, and eWallets, all very popular payment options available at top NZ online casinos. Bitcoin is actually quite similar in many ways to other payment options but the really big difference is found in how it exists, where it exists, and how it can be used.
Essentially, Bitcoin is a digital currency, which means that it does not exist in the real world in the same way that other currencies such as dollars or pounds do. Bitcoin exists exclusively online and is used to purchase products or exchange funds on websites and between internet users. In order to get Bitcoin, you need to buy some using your normal fiat currency (such as NZD) from special websites called Bitcoin exchanges. Once you’ve purchased your Bitcoin, you can then go ahead and purchase a vast range of items online or, in our case, use your Bitcoin to fund your online casino account.
Why Choose Bitcoin Gambling Sites?
There are a number of advantages to using Bitcoin or other similar digital currencies (collectively called crypto currencies) such as Ethereum. One of the biggest and most obvious advantages to using Bitcoin for online gambling is its relative anonymity. For one thing, you do not need to submit your credit card or debit card details to your online casino when using Bitcoin. In this way, Bitcoin is actually more similar to electronic voucher systems or prepaid systems like PaySafeCard or InstaDebit. However, unlike electronic prepaid voucher systems, Bitcoin can be withdrawn from your player account without the need for a secondary payment system.
Using Bitcoin as your main online casino currency is one of the safest ways for Kiwis to gamble online since you are actually purchasing your Bitcoin from an approved and independent Bitcoin exchange. Not having to divulge your personal banking or credit/debit card details to your online casino means that there is no chance of that sensitive data being misused or even hacked by a third party. Bitcoin also has the advantage of being instantly available to you, both in deposit reflection times and withdrawal turnaround times.
Even though cryptos have been around for quite a while, it is still early days and the amount of money and research which is being put into Bitcoin casinos is pretty breathtaking. Let’s look at the enormous benefits of playing at Bitcoin casinos in a little more detail.
Fast Payouts with No Limits
Imagine you are playing at a regular online casino, and you have registered a bank debit card as your payment method and made a deposit in NZD.
Lady luck was smiling, and you find yourself in the wonderful position of having a few thousand dollars in your account which is waiting to be withdraw. You head over to the cashier and click on the withdraw button, only to be told that once the withdrawal has been processed, you will have to wait up to 5 working days for the cash to hit your bank account. Remember, this is 5 WORKING DAYS, so if you make a withdrawal, you may not receive it until the following Thursday!
Compare that scenario with making a withdrawal at one of the Bitcoin online casinos, once the withdrawal has been processed, the Bitcoin will be back in your wallet in a few second, if not instantly.
If you are a big hitter in the online casino world, you will have no doubt endured the frustrations of the deposit and withdrawal limits which are imposed by the traditional online casinos and more so, the banks and payment processors.
With Bitcoin casinos New Zealand, you can kiss goodbye to any restrictions regarding transactions, so you are free to make as many transactions as you like without worrying about going over any limits.
It’s all pretty hard to get your head around but this is why Crypto casino sites are definitely the way forward.
Zero or Very Low Fees when Making a Withdrawal
Even though making a withdrawal at a regular online casino seems to be seamless, it still needs to go through third party systems which can result in charges being implemented.
Because Bitcoin casinos are based on blockchain technology which is a peer-to-peer network, withdrawals, or deposits for that matter don’t need any third-party system which means that no matter how large the transaction, any fees are either non-existent or extremely low.
Anonymity and Privacy
The best way to describe the anonymity and privacy at Bitcoin casinos is to compare how it works with a regular online casino. When you open an online casino account with a regular casino, you will be expected to provide information on who you are, your address, date of birth etc.
The chances are, you will also be asked to comply with a KYC request (know your customer) and send proof of who you are in the form of a passport/driving license and a utility bill.
With Bitcoin online casinos, all you will need is an alphanumeric key which is provided by your Bitcoin wallet. If you are looking for anonymity and privacy in your online casino play, Bitcoin gambling sites are the answer to your prayers.
Admittedly, if you are not familiar with Bitcoin and Cryptos in general, it can all sound a little confusing when it comes to making and receiving payments, but the fact of the matter is, it is all very easy and it couldn’t be more secure.
If you are using a reputable cloud storage or hard wallet, your Bitcoin is perfectly safe, no matter how much you are transferring. It is worth mentioning that if you are using a hard wallet, make sure that you purchase it from the manufacturer as opposed to buying it second hand.
This will ensure that it hasn’t been tampered with in any way.
Bitcoin Casino Bonuses and Promotions
If you have been around online casinos since the early 90’s, you will remember the fantastic promotions which were on offer because people were unsure about this new online casino thing!
Even though bonuses and promotions are still in place, the Bitcoin casinos have superior offers in place in order to tempt players to try something new, ie, making Bitcoin deposits. It therefore goes without saying that now is the time to get involved in this relatively new online casino experience.
To make matters even more exciting, the common consensus with the Crypto casino industry is that if a casino does not embrace this new technology, they will get left behind. What fantastic news for New Zealand Bitcoin casino players because it looks like there will be a near never ending supply of enticing bonuses and promotions.
Bitcoin casinos no deposit bonus and similar offers will be the norm and we all know how popular promotions like that are.
Types of Bitcoin Wallets
Despite the fact that Bitcoinis a exclusively online crypto entity, there are several ways to "carry" you crypto money. And just like with your credit cards or paper banknotes, the security of your money might be determined by the Bitcoin Wallet that you choose. Let's see how they differ.
Online Bitcoin Wallets (Cloud-Based)
Online wallets for crypto are very convenient and casino players can get access to them from smart phones, tablets, laptops. The transactions are fast and easy to carry out.
There's a drawback though - these wallets control and manage players' private keys which makes this type less protected, regardless of the encryption, than Mobile wallets, for instance.
Mobile Bitcoin Wallets
These are, probably the most handy and the most versatile method to use your crypto with a range of benefits that they offer. Basically, this is an application that runs on your smartphone (with iOS or Android). Mobile wallets allow you to easier deposit and withdraw funds thanks to camera feature that allows to scan QR codes instead of wasting time on entering all the info. Mobile wallets are also more secure than cloud-based online wallets. The options include Blockstream Green wallet (available both for iOS and Android), BRD (also for iPhone and Android) where both Bitcoin and Ethereum are supported, Edge - that is also quite popular for iPhone and Android users, Mycelium is Android-only wallet that integrated numerous third-party services that can be used alongside.
These wallets are accessible from users' PC (laptops) as software programs that are installed on a computer. Private keys are also stored localy which still adds more security compared to cloud-based options. Electrum Bitcoin wallet is a good example of tis type.
These are actually electronic devices that you can hold in your hand and they are by far the safest way to store the Bitcoins that you own. They do not have any cloud storage or direct access to the Internet, therefore, they cannot be hacked. And to use bitcoins, casino players need to attach the hardware wallet to their computer, tablet or other device that has the Internet connection. Of course, since they have a physical form, they can be stolen, that's why it is a good idea to use PIN protection to keep the data safe.
Mobile Bitcoin Casino in New Zealand
Mobile casino play and Bitcoin gambling sites go hand in hand.
Mobile casino play is now the most popular casino playing platform so if you have a Bitcoin wallet app installed on your mobile device, all it will take is a few taps of the screen to make any online casino transactions.
Mobile casinos can be played on either an app or on your mobile browser, so it really is a case of having everything at your fingertips.
Bitcoin Online Casino Software
With the advent of the blockchain technology and the launch of Bitcoin crypto that soon became the most wanted alternative to electronic wallets and currency exchanges in casinos online, more and more companies append this relatively new payment option to satisfy the demand. This is well supported by software companies that produce real money games that accept Bitcoins where all deposits and withdrawals can be processed from a smartphone or a tablet. The first name that comes to my mind when I think of a reputable Bitcoin software developer, is probably Playtech - they have a good number of Bitcoin pokies, roulettes, baccarat games and bitcoin casino blackjack titles. Evolution offers a decent number of live dealer bitcoin casino games. Other software providers include RTG, Play’n’Go, Amatic and many others.
Bitcoin software can make casino games “provably fair”.
What Exactly are Provably Fair Games?
Provably fair games define the very essence of blockchain technology. When it comes to Bitcoin casinos, we have mainly spoken about the many advantages of using Bitcoin to make transactions to and from an online casino account.
Provably fair games utilise blockchain technology which ensures that the casino games are being operated in a fair way and not being manipulated by unscrupulous online casino operators. It goes further than that though.
Imagine this scenario, you are playing a game of blackjack at a Bitcoin casino and every time you land a winning hand, the winning is instantly placed in your Bitcoin wallet as opposed to being credited to your casino cash balance.
It is nothing short of mind blowing. Can you imagine for one minute how Bitcoin and the Blockchain will literally transform online casino play?
What Games Can be Played Using Bitcoin?
This is one of the most common questions asked by new Bitcoin casino gamblers in New Zealand. When Bitcoin first became available as a payment option at select online NZ casinos, the number of games was somewhat limited. However, today it is an entirely different story as Bitcoin users can access an extensive range of Bitcoin online pokies, jackpot games, table games, live dealer games, and more. Whether you love classic or 3D pokies, virtual or live dealer blackjack, roulette, or baccarat, our recommended NZ Bitcoin casinos will have something for you.
Tips for Playing at Bitcoin Casinos
Now that you understand just what Bitcoin is and how it works, and you know how quick and easy it is to actually get hold of some Bitcoin for casino gaming, let’s look at a few basic Bitcoin tips before you get going.
Remember to follow these simple steps before signing up to play casino games with Bitcoin:
Get yourself a good, safe, and reliable Bitcoin wallet. There are several options available including an online Bitcoin wallet, an offline/software wallet, and a hardware wallet. Each preference has its pros and cons although most Bitcoin users seem to agree that while the online version is easier and quicker to use, the hardware Bitcoin wallet is safest.
Visit and register with a reputable online Bitcoin exchange.
Purchase your Bitcoin via several payment method options available.
Read our NZ Bitcoin casino reviews before selecting one to sign up with. This is the best way to avoid falling into any online Bitcoin scams regarding online casinos that seem to be rife at the moment. Read further down as we outline how we select our recommended online Bitcoin casinos for NZ players.
How We Review Bitcoin Casinos
Believe it or not, Bitcoin online casinos are not all that different from other types of online casinos. In fact, most of the online casinos that we review will offer Bitcoin as an additional payment option right alongside their regular payment options and currencies. When it comes to dedicated Bitcoin online casinos, we review them in exactly the same way, using the same stringent testing criteria and parameters. We test every NZ online Bitcoin casino for:
- Online Safety and security
- Game selection
- Software partners (such as NetEnt, Microgaming, Evolution and so forth)
- Banking security and payout time frames
- Quality of customer support and available hours
- Quality of bonus offers (and if any are available in Bitcoin)
- Mobile Bitcoin gaming options
At casinoslots.co.nz you can be sure that every single online casino on our recommended list has been thoroughly tested by highly experienced and knowledgeable gambling experts with years of experience in both the local NZ gambling scene, as well as internationally. This means that you can pick your preferred NZ online casino (Bitcoin or otherwise) with complete confidence!
Final Thoughts on the Best Bitcoin Casinos NZ
We really are living in extraordinary times. Bitcoin casinos in New Zealand will continue to go from strength to strength and overcome the biggest obstacle which is that players sometimes find it difficult to believe what is now happening with Blockchain technology.
Bitcoin gambling ticks all the right boxes in terms of security, speed of transactions, anonymity, superb bonuses and a more open way of playing casino games.
The online casino who does not embrace Blockchain technology will get left behind, it really is as simple as that.