Bitcoin Welcome Bonus Guide
Bitcoin casinos are increasingly becoming popular in the online gaming industry. Along with the fantastic games they offer, a significant factor behind the monumental rise in popularity is the sheer number of bitcoin bonuses available to players. These bonuses include the bitcoin welcome bonus, which are real money rewards given to players upon signing up at the casino and for simply funding their account with cryptocurrency. To get the best casino welcome bonus, sign up to Fun88 now.
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Special Bitcoin Bonus for Crypto Users
Before deciding to make a casino your home, ensure you check the terms and conditions of the bonus. You may be required to use a certain bitcoin promo code to claim the bonus. However, there are a large number of online casinos, and you may find it challenging to choose one if you are new to online gaming.
Online casinos offer generous bitcoin casino bonuses for two reasons:
- To make the registration process straightforward: Upon successful registration, you will be eligible for various bonuses like free spins specifically on slot and match-up bonuses to use on games bitcoin roulette games, BTC blackjack games, poker BTC, etc.
- To keep you attracted to the casino: Every casino aims to keep you playing. They utilize different strategies in a bid to make you regular players. One such strategy is the bitcoin casino welcome bonus which serves as great incentives for players to continue coming back to the casino.
Regular betting sites give better bonuses on deposits made through bitcoin. For example, Jeetplay offers a 100% match-up bonus up to ₹70,000 for your first bitcoin deposit. So sign up now to get yours.
What are bitcoin welcome bonuses?
These are bonuses given to you immediately you sign up to a casino. Welcome bonuses are extremely generous as they are ways to keep players glued to a particular casino. The most popular of these bonuses are the 100% match. This bonus doubles the first deposit you make at the casino. Meaning, if your first deposit is 0.5 BTC, you’ll get an extra 0.5 BTC as a bonus.
Some casinos like Betway are extra generous by offering BTC sports betting bonuses, which are spread across your first deposits and gives you a massive bonus amount to bet with. So sign up to Betway now to enjoy all the juicy bonuses.
Different Bitcoin Casino Welcome Bonus
In a bid to outdo themselves, bitcoin casinos offer diverse welcome bonuses. We will be examining the different welcome bonuses below.
- Up to 50% Welcome Bonus: To claim this bonus, you have to deposit a minimum sum specified by the casino. The bonus is a fixed percentage of your deposit. Many casinos offer this on your third deposit. For example, if you deposit ₹500, you will receive an extra ₹250 to play with. Making a total of ₹750.
- Up to 75% Welcome Bonus: This is bonus type is rare. It is usually offered on your second deposit. For example, if you deposit ₹100, you’ll get an extra ₹75 to game with. Thus you have a total of ₹175 to use on your favourite slots.
- Up to 100% Welcome Bonus: This is the most popular of all welcome bonuses. Almost all online casinos offer a 100% match-up bonus. It gives you a 100% bonus on your deposit. This means that if you deposit ₹100, the casino will give you an extra ₹100 to play with. You are therefore left with a total of ₹200 to use on slots.
- Up to 150% Welcome Bonus: Just like the other bonuses above, your first deposit is matched by 150%. So if you deposit ₹200, you will get an extra ₹300 to play with. Click here to claim your 150% welcome bonus at LeoVegas now.
However, we advise that you read the terms and conditions of the bonuses or casinos before going ahead to claim welcome bonuses. This is because you don’t want to end up claiming a bonus you cannot redeem. Do not claim bonuses whose wagering requirement is more than 35x. Spin Casino wagering requirement is favourable to Indian gamblers. Click here now to claim.
Bitcoin Casino Bonuses: Terms and Conditions
After claiming your bitcoin bonuses, there are terms and conditions that need to be fulfilled for you to withdraw them. Unfortunately, you can’t withdraw your bonuses immediately after you claim them; it will be a huge loss to the bitcoin casinos if you are allowed to do so.
Here are some terms and conditions imposed by casinos on the bitcoin bonuses they offer:
1. Wagering Requirement: This is also known as ‘roll over’ or ‘playthrough requirement’. It is the number of times you will be required to wager your bonuses or deposit + bonuses before you are allowed to withdraw your winnings. This amount is usually a multiple of your bonus and total deposit.
For example: if a casino offers a 100% deposit bonus with a 35x wagering requirement on your first deposit and you deposit 5mBTC. You will get an extra 5mBTC to wager with. Thus, making a total of 10mBTC. Then you will need to wager 35x (10mBTC) = 350mBTC to claim your winnings. In other words, you will need to wager the 10mBTC 35x to withdraw the winnings made from the bonus.
Remember, while bitcoin casino welcome bonus is great, only deposit and bet the amount you can afford to lose.
2. Time-Limit: Upon receiving the bonus, you will be allotted a limited number of days to fulfill the wagering requirement. That’s why we advise you always to check the bonus conditions to be aware of the expiry date of the bonus. It ranges from 7 days to 1 month. It differs from one casino to another.
3. Withdrawal Limit: The terms of a casino are very important. It contains all the vital information about the casino. Check it to ensure that the casino doesn’t put unnecessary withdrawal limits on your withdrawals. Deposit amounts don’t usually have limits as to how you win. However, maximum withdrawal limit may be placed on no deposit bonuses and free spins. JackpotCity does not place withdrawal limits on your funds. Click here to sign up.
Bitcoin Sports Welcome Bonus
Alongside bitcoin casino bonus is bitcoin sports bonus. Sports fans are not left out of the bitcoin trend in the gambling industry. They can also bet on their favourite sports using cryptocurrency. Several sports such as football, basketball, cricket, hockey, boxing, etc., accepts bitcoin.
What then is BTC sports welcome bonus?
This is the bonus funds give to punters that are just encountering a sportsbook. To get this bonus, you are required to:
- Open an account with such a sportsbook
- Deposit with bitcoin (BTC)
- Get your bonus
To get the best crypto welcome bonus in sports, sign up to 22Bet now.
Conventional Sign Up bonuses vs. Bitcoin Welcome Bonuses
Although they serve similar purposes, there are some differences between conventional signup bonuses and bitcoin welcome bonuses. The BTC packages have certain obvious leverages, such as the number of bitcoin bonuses you’ll get or how often you get to use your BTC bonus. The benefit of using bitcoin as a payment option is numerous. Listed below are the most important ones:
- BTC bonus is far more valuable than regular bonuses
If you are a regular at bitcoin casinos, you would have noticed that every bonus that comes in bitcoin form is far more lucrative than those accessible via currency deposits. For example, the common deposit bonus for fiat currency is a 100% match-up bonus, and they rarely exceed €500, while BTC welcome bonus is usually valued at over €1000. Also, given the high increase in the value of bitcoin this year, you stand to gain much more.
- Anonymity: No ID Requirement
The creation of bitcoin was aimed at having completely anonymous transactions. Your transactions are safe from the prying eyes of the Central Bank or the government. There are no records of payments you make with bitcoin or the BTC bonus you’ve received. But when using conventional payment options, you will be required to submit some personal documents, including your name, address, email address, phone number, and so on, to your online casino or sportsbook to withdraw your winnings.
- No charging fees on your BTC deposits and withdrawals
When you compare the costs of withdrawals, deposits, and transfers of using fiat currencies, you’ll notice that the expenses of cryptocurrency are insignificant. When betting with BTC, you need no payment institution or intermediary institution to process your transaction. So you are free from bank charges. The small fees for confirming your transactions on the blockchain are expertly taken care of by your crypto wallet and built into the system. Also, if you bet with your bitcoin bonus, you won’t be charged any fees, neither will your potential winnings be stripped away. You can therefore maximize your bitcoin bonus to the fullest capacity.
- Speedy Bitcoin Transactions
Bitcoin transactions are not only cheaper, but they are also very fast. You don’t need to wait for days on end to have your transactions processed. With just a click of the button, you will fund your casino account instantly and complete your withdrawals within minutes.
- Bitcoin is far more secure
Every bitcoin transaction is protected by the blockchain technology running it. This technology protects your information, identity and makes it impossible for counterfeit BTC to be created. There is also no connection between your winnings and your identity. This means that you don’t have to pay any tax on your winnings when betting with bitcoin.
Staying Safe while Bitcoin gambling
As sweet as bitcoin bonuses are, they may become useless if you play at a scam site. That’s why staying safe online is the first factor you need to consider when playing with crypto like BTC. Below are the best ways to stay safe while playing with bitcoin:
- Choose a reputable site: This is an obvious fact. Playing at a reputable site is the safest and easiest way to enjoy bitcoin gambling. How do you know that a casino is reputable? Read reviews, take recommendations from family and friends, play demo games at such casinos, and note the authority regulating its activities. One bitcoin site that has grown in fanbase because of its reputation is LeoVegas. Click here to sign up now.
- Password: Ensure you use a strong combination for your password. Your password should contain lower letters, upper case, numbers, and special numbers. You should also have a habit of changing your password regularly.
- Trusted exchange: Make sure you buy your virtual coins from a trusted crypto exchange like Binance. Avoid purchasing your coins from persons over a forum. There is every possibility that such persons are scams.
Frequently Asked Questions
How do I use bitcoin bonuses?
To use your bitcoin bonuses, you will have to input a bitcoin bonus code if the bonus requires a code. Then, your casino account will instantly be credited with the bonus bitcoins, and you will be able to play the casino games with the bonus. Although these bonuses usually come with wagering requirements, so you’ll have to meet the requirements to withdraw your winnings.
How long will it take to withdraw my bitcoin bonus?
It takes lesser time to process your withdrawals than the regular withdrawal options. However, you must have cleared the bonus by meeting the playthrough requirement. The average bitcoin welcome bonus takes few hours to process.
How do I transfer bitcoin bonuses to my crypto wallet?
You need to meet the wagering requirement of the bonus bitcoin to transfer the winnings made from it to your crypto wallet. You meet the requirement by wagering your bonus for a predetermined number of times set by the casino. Once this is done, you are at liberty to transfer your bonuses.
Conclusion
The online gaming industry, like other industries, is getting immersed in the innovation of cryptocurrency. One reason why bitcoin betting has become more popular is the numerous benefits and perks that it promises. One such benefit is the bitcoin welcome bonus which gives players extra coins to bet with. However, unlike other bonuses, BTC welcome bonus gives you so much more, and JackpotCity gives you the best bonus bitcoin. Click here now to sign up.