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Bitcoin Casinos
Bitcoin is the most widely accepted cryptocurrency at online casinos and, in several practical respects, the least convenient one. Both things are worth knowing before you use it.
Bitcoin versus the alternatives
Bitcoin’s network confirms blocks roughly every ten minutes and fees rise with congestion. For casino-sized transactions that matters, which is why many crypto casinos now default to faster or cheaper networks.
| Option | Speed | Fee behaviour | Price stability |
|---|---|---|---|
| Bitcoin | ~10 min per confirmation | Rises sharply when the network is busy | Volatile |
| Bitcoin via Lightning | Seconds | Very low | Volatile |
| Litecoin | ~2.5 min | Consistently low | Volatile |
| Stablecoins (USDT, USDC) | Seconds to minutes | Depends on the chain used | Pegged to the dollar |
The volatility problem, with numbers
Suppose you deposit an amount of Bitcoin worth €500 and finish your session with 10% more coin than you started with. If Bitcoin’s price fell 15% while you played, you are up in Bitcoin and down roughly €75 in real terms. The reverse happens just as often.
This is a second source of variance layered on top of the game’s own. If you want to avoid it, choose a casino that converts your deposit to a fiat balance on arrival, or use a stablecoin. Read the crypto casinos overview for the broader trade-offs.
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