What is a Cryptocurrency Casino?

A Cryptocurrency casino is a casino that accepts various cryptocurrencies as a means of payment. Bitcoin is probably the best known cryptocurrency but there are many others such as Ethereum and Litecoin. As long as a casino accepts some type of cryptocurrency it can be considered a Bitcoin Casino. Bitcoin and other cryptocurrencies are legal to use at many online casinos.

Advantages and Disadvantages of a Bitcoin Casino

There are definitely some advantages when betting using Bitcoin or some other cryptocurrency. Transactions tend to be much faster, especially when it comes to withdrawing your winnings. It also tends to be safer as you don’t have to hand over any personal financial information. Most online casinos also have the “Provably Fair” gaming environment. What this means is that on games such as Bitcoin slots the outcome of every spin is verifiable by a player who can compare the unique hashes generated for each play and make sure the results of the spin was random and fair. A couple of disadvantages come with using cryptocurrency for online casino real money betting. There are still some game developers that don’t accept crypto when you play their games. This is a relatively minor irritant as there is no shortage of games where cryptocurrencies are accepted. The other drawback is the volatility of cryptocurrencies which can see huge swings in value in a short amount of time. However this has more to do with the cryptocurrency itself rather than the fact that it is being used at a casino online.

King Billy Casino Overview

King Billy is an online casino online that was founded in 2017. They can also be considered a hybrid casino as they accept both cryptocurrencies and Fiat currency. Despite being relatively new, King Billy has garnered several awards such as the “Best New Casino” in 2017 and “Best Casino” and “Players Choice Casino” awards in 2018. They offer over 2000 games for players to bet on including slots, table games and live casino games. Some casinos that operate online entice potential players with faucet crypto systems, which is giving free cryptocurrency to players at regular intervals to keep them playing. King Billy doesn’t do this but they do offer a number of bonuses which will be discussed further on.

Deposits and Withdrawals at King Billy

There are a large number of ways to deposit and withdraw funds to and from your account at King Billy. Visa, MasterCard and a variety of e-wallets are all acceptable. When it comes to cryptocurrencies there are also a good number of options. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Tether can all be used to both deposit funds and withdraw winnings from your King Billy account. Withdrawing from your account is typically a fast process especially when using cryptocurrencies or e-wallets and may be completed in well under an hour. Credit card transactions and bank transfers tend to take longer.

Bitcoin Casino No Deposit Bonus

King Billy often offers free spins as a bonus just for registering to their site. There are some terms and conditions to be met such as having to wager 49 times the amount awarded to you in order to qualify. Full details of the terms and conditions for the King Billy casino no deposit bonuses can be found in the sites “Bonus Terms and Conditions” section.

Bitcoin Casino Free Spins

King Billy has a number of different promo bonuses involving free spins as well as cash. First time depositors can earn a 100% bonus up to €/$200 or 1 BTC plus 200 free spins. Other bonuses involving free spins are the “Slot of the Month” which allows 50 free spins a week on the selected monthly slot and the “Spin and Win” promo where players can get 100 free spins every day with a minimum deposit of $50 or its equivalent. Unfortunately these promotions aren’t available for cryptocurrencies.

Bitcoin Bonus Promotions at King Billy Casino

While crypto depositors may lose out on some of the free spin promos, King Billy Bitcoin Casino Aus makes up for it by providing a bonus aimed specifically at cryptocurrency users. The “Kings Miners” promo is a crypto casino free bonus that crypto users can take advantage of every week. Once a week depositors can earn a 51% bonus of up to 51mBTC or its equivalent in Bitcoin Cash, Ethereum, Litecoin or Tether when they make a deposit using one of the accepted cryptocurrencies. The wagering requirements for the bonus is 35x which is relatively low compared to many other online casinos.

King Billy Bitcoin Video Casino

Although a few of the game developers King Billy uses don’t accept cryptocurrencies the majority of them do and there are well over a thousand games available for users to play. These include plenty of Bitcoin slots as well as games such as video poker, blackjack, roulette and many others. King Billy has plenty of live casino online games for players as well for those who prefer a physical casino feel when they play.

Best Bitcoin Casino

Australia online casino players who use cryptocurrencies will love King Billy. There are loads of Bitcoin slots to choose from as well as plenty of other casino games. They also accept 5 different cryptocurrencies unlike many online casinos which may only accept one or two. King Billy also offers some decent bonuses and has excellent customer support 24/7 via live chat. All of these factors contribute to making King Billy one of the best Bitcoin casinos in Australia and other countries where they operate.