Guest Post

How To Start Playing At An Online Casino With Bitcoin In Australia?

Written by: Coinpedia

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Coinpedia

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Jun 30, 2022

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    Is BTC casino in Australia legal?

    The rapid spread of cryptocurrencies has prompted casino game developers and online casino slot machine providers to open up the possibility of depositing with bitcoin. The simplicity and convenience of opening a bitcoin account are attracting more and more people from Australia to the Bitcoin casino. And it is not surprising that players from Australia were among the first to appreciate all the advantages of cryptocurrencies in online gambling. Australians love casino gambling – 4 out of 5 adults regularly place at least one bet in traditional casinos, online gambling, and lotteries. The online gambling industry is one of the largest in Australia and contributes 10% to the country’s budget. Australian gamblers spend billions of dollars on games in the best Bitcoin casino yearly, and new gambling platforms appear almost daily. From these statistical data, can we confirm that online gambling is legal? Land-based casinos and online platforms are legal. There are no restrictions on gambling online, and bitcoin casino online Australia offers many opportunities to attract more players:

    • Fantastic bonuses;
    • Free spins on slot machines;
    • Free bets and many other types of promotions.

    Australian players can play great games: 

    • American and european roulette;
    • Video poker;
    • Pokies & slot games;
    • Blackjack; 
    • Craps;
    • Baccarat;
    • Live dealer games.

    If you are concerned about the reliability and integrity of BTC casino Australia, please read our guide to choosing an online gambling site.

    Pros and Cons of online casino Bitcoin

    Despite the incredible popularity of cryptocurrency, some players are still biased and distrustful of its use in online gambling. We believe this is due to misunderstanding the advantages and disadvantages of depositing and withdrawing funds at a Bitcoin casino. Well, let’s look at this issue in more detail and start with the pros:

    • Minimum deposits. At BTC casino Australia, you can deposit as little as $4 or even less into your account.
    • No restrictions for withdrawing funds. With Bitcoin, you can withdraw up to six figures. 
    • Fast transactions. When playing at BTC casino Australia, you do not have to wait for 3 to 5 business days for your payments or withdrawals to be processed. BTC transactions only take a couple of minutes.
    • The breaking of the limits. Crypto can be used to transact from anywhere in the world. 

    Although Bitcoin’s popularity is increasing, a few online casinos still offer Bitcoin as a deposit/withdrawal method. Such a trend is attributable to Bitcoin can be a volatile currency. It means that the exchange rate can move extremely quickly. There are only two possible outcomes for players of bitcoin casino Australia:

    • If it moves positively against the dollar, this is in your favor.
    • If it moves negatively, it works against you.

    Even though there are a lot of advantages when using Bitcoin, you should still be aware of how volatile it is. However, that is just one con of bitcoin casino Australia. Beyond that, crypto-friendly online platforms are the best option for players worldwide.

     Is Bitcoin casino safe?

    Much controversy exists about the BTC casino security. To figure it out, you need to understand how cryptocurrency works as a payment method. The process of depositing and withdrawing with cryptocurrency is straightforward:

    • The user registers on the online casino bitcoin site and selects cryptocurrency as a payment method.
    • In the form directly on the site or on the payment page of cryptoprocessing, the user selects a specific cryptocurrency.
    • Then the user receives a crypto wallet address to transfer the funds.

    But it’s not just the ease of use of cryptocurrencies that encourages players to move away from more traditional payment methods. Bitcoin casino Australia guarantees security and complete confidentiality. 

    • Thanks to blockchain technology, a digital currency transaction cannot be canceled or rejected.
    • You do not need to provide personal data to replenish an account or withdraw winnings using digital currency. Thanks to this, even players from those countries where gambling is prohibited can play online casinos without problems.

    Accordingly, we can confidently say BTC casino Australia is safe. 

    How to spot the best Bitcoin casino?

    Many players continue to think that no matter how safe the cryptocurrency is, BTC casino Australia is still not perfect and cannot guarantee a 100% fair game. This view is fully justified because the internet makes it easy for scammers to trick people into giving away their money and personal information. To avoid falling into the trap, choose the best bitcoin casino. It is necessary to pay attention to the following points: 

    • Check Bitcoin Casino Australia License. To do this, find the relevant data on the site. As a rule, information is at the bottom of the page.
    • Explore the range of games. Reliable and customer-oriented bitcoin casino Australia will not offer a small selection.
    • Contact Support. Probably the best way to check the reliability and honesty of gambling platforms. Do not linger on gaming sites if the support service is unprofessional.

    In the vastness of gambling entertainment, the choice of online gambling establishments is simply huge. The player is not limited in time or distance. All you need is to register and verify your identity and age. But to enjoy the game without losing money, you must be careful in choosing. Only in this way will you protect yourself and be able to have fun.

    Are Bitcoin online casinos legal in AU?

    Actually, the legal status of BTC casinos and other gambling sites in Australia is still complicated. The legal status of Bitcoin casinos, and other online casinos in Australia is a bit complicated. Although online casinos can’t operate in this country, a couple international sites accept Aussie gamblers.

    And what about altcoins or another fiat currency?

    Of course, they’re still available in Australia. Most of the new bitcoin casinos that work in Australia offer various payment options including AUD (Australian dollar) and a lot of other altcoins. You can use Litecoin, USDT, XRP, and other coins. 

    Are Bitcoin casinos banned in Australia?

    No, it’s not true. As we mentioned before an online bitcoin casino in Australia accepts Aussie if it operates outside of Australia. All online casinos registered in AU, would have to look for customers from other countries due to regulations. 

    Disclaimer: This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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    Coinpedia

    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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