Recommended online casinos that accept virtual currency

Since the launch of Bitcoin in 2009, countless virtual currencies have come into circulation worldwide. Many online casinos now support Bitcoin and other virtual currencies, and virtual currencies are now used as one of the main deposit and withdrawal methods.

In addition to the use of virtual currency as a deposit and withdrawal method, more and more online casinos allow players to enjoy playing casino games using virtual currency itself.

In this article, we would like to introduce the features of virtual currency as well as recommended online casinos that accept virtual currency.

Table of Contents

 

Recommended online casinos that accept virtual currency

First of all, we would like to quickly introduce you to online casinos where virtual currency is available.

Bitcasino.io

BitCasino is the world’s first online casino brand to specialize in virtual currency and supports all major virtual currencies, including Bitcoin, Ethereum, and Tether.

Taking full advantage of the anonymity of virtual currency, all you need is an email address and date of birth to register an account, and you can be up and running in 30 seconds.

Players can of course play in virtual currency, allowing them to concentrate on the game without being distracted by price fluctuations.

• Homepage：https://bitcasino.io/
• Website language: Japanese
• Currencies: Bitcoin, Ethereum, Ripple, Litecoin, Tether, Tron, Cardano, Dodge Coin, Binance Coin, Binance USD, Japanese Yen
• Support: Live chat (24/7), email (japancs@bitcasino.io)
• First deposit bonus: None
• Deposit method: Virtual currency (Bitcoin, Ethereum, Ripple, Litecoin, Tether, Tron, Cardano, Dodge Coin, Binance Coin, Binance USD), bank wire transfer
• Withdrawal method: Virtual currency (Bitcoin, Ethereum, Ripple, Litecoin, Tether, Tron, Cardano, Dodge Coin, Binance Coin, Binance USD), bank transfer
• Number of providers: 66
• Number of games: more than 1,300
• Game types: live baccarat, live blackjack, live roulette, live poker, slots, various table games, etc.

Casitabi

Casitabi is a unique RPG-type online casino, a brand that Japanese users have loved for many years.

The casino offers a wide variety of deposit and withdrawal methods, and supports virtual currencies such as Ethereum and Litecoin in addition to Bitcoin, making it an online casino that meets the needs of virtual currency users.

The casino offers a large number of games, with more than 3,000 different games to play. Some of the slots are among the first to be released by Casitabi, making it an online casino that cannot be missed by those who love slot games.

In addition to the casino, you can also play sports betting and mahjong, making it a service that can be enjoyed by all kinds of users.

• Homepage：https://www.casitabi.com/ja/
• Website language: Japanese
• Currency: U.S. dollars
• Support: Live chat (2 pm-1 am), email（support@casitabi.com）
• First deposit bonus: welcome bonus up to $500 + up to 250 free spins + $5 free bet or up to $100 free bet + 50 free spins
• Deposit methods: virtual currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Tether, USD Coin, Dodge), credit/debit card, bank transfer, Payz, MuchBetter, STICPAY, iwallet, VegaWallet eVoucher, eVoucher
• Withdrawal methods: virtual currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Tether, USD Coin, Dodge), Payz, bank transfer, MuchBetter, STICPAY, iwallet, VegaWallet
• Number of providers: more than 60
• Number of games: more than 3,000 types
• Game types: live baccarat, live blackjack, sports betting, live roulette, live poker, slots, various table games, mahjong, etc.

Casino.me

Casino.me is an online casino released in 2020.

It is a sister casino of Casitabi and is an online casino where you can concentrate more on casino gameplay.

The most unique feature of Casino.me is the “Cash Me” feature, which allows players to earn money back from their casino play, regardless of whether they win or lose. Casino.me is the only online casino that allows players to accumulate bonus play as well.

With the recent release of sports betting, players can enjoy betting on sports as well as casino games.

• Homepage：https://www.casino.me/ja-JP/
• Website language: Japanese
• Currency: U.S. dollars
• Support: Live chat (2 pm-1 am), email（support@casio.me）
• First deposit bonus: welcome bonus up to $777 + 77 free spins
• Deposit Methods: Virtual Currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Tether, USD Coin, Dodge), Credit/Debit Card, Bank Transfer, Payz, MuchBetter, STICPAY, iWallet, VegaWallet eVoucher, eVoucher
• Withdrawal methods: virtual currencies (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Tether, USD Coin, Dodge), Payz, bank transfers, MuchBetter, STICPAY, iWallet, VegaWallet
• Number of providers: more than 60
• Number of games: more than 3,000 types
• Game types: Live baccarat, live blackjack, sports betting, live roulette, live poker, slots, various table games, mahjong, etc.

Vera&John

Vera&John is the most well-known online casino in Japan. It has a large number of games and is loved by many Japanese players.

VeraJohn offers a wide variety of deposit and withdrawal methods and accepts virtual currency deposits and withdrawals.

The basic virtual currencies are BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin), XRP (Ripple), and BCH (Bitcoin Cash).

• Homepage：https://www.verajohn.com/ja
• Website language: Japanese
• Currency: U.S. dollars
• Support: live chat (Mon-Fri: 11:30-22:30, Sat-Sun: 16:30-22:30), e-mail（support.jp@verajohn.com）
• First deposit bonus: welcome bonus of up to $500
• Deposit Methods: Virtual Currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple), Credit/Debit Card, Bank Transfer, Payz, MuchBetter, STICPAY
• Withdrawal methods: virtual currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple), Payz, bank transfers, MuchBetter, STICPAY
• Number of providers: 54
• Number of games: 2,426 types
• Game types: Live baccarat, live blackjack, live roulette, live poker, slots, various table games, etc.

Mystino

Mystino is a very well-known online, Japanese casino. It has a significant number of games for Japanese players.

Mistino offers a generous first deposit bonus, as well as a variety of bonuses after registration, such as surprise cash backs and tournaments with high cash prizes.

The basic virtual currencies are also available here, including BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin), XRP (Ripple), and BCH (Bitcoin Cash).

• Homepage：https://www.mystino.com/ja/casino/
• Site Language: Japanese
• Currency: Japanese Yen
• Support: Live chat (3 pm-3 am), email（customer@mystino.com）
• First deposit bonus: Welcome Bonus up to 150,000 yen, 200 free spins
• Deposit methods: virtual currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple), credit/debit cards, Payz, MuchBetter, iWallet
• Withdrawal methods: virtual currency (Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple), Payz, MuchBetter, iWallet
• Number of providers: more than 50
• Number of games: more than 2,500
• Game types: Live baccarat, live blackjack, live roulette, live poker, slots, table games, etc.

What is virtual currency?

Virtual currency is a “virtual” currency that can be exchanged over the Internet. As the name “virtual” implies, unlike legal tenders such as the Japanese yen and the U.S. dollar, there is no real currency such as coins or paper money.

Typical virtual currencies include Bitcoin, Ethereum, Litecoin, Tether, and Ripple, and there are countless types of virtual currencies in the world, with new ones being added every year.

Virtual currencies can be traded only between parties without a third party, such as a bank, and transactions are conducted using cryptography. They are therefore sometimes referred to as cryptocurrencies.

What is Bitcoin?

Bitcoin began trading in 2009 as the world’s first virtual currency. Many people probably think of Bitcoin when they think of virtual currency. Bitcoin uses a distributed ledger technology called the “blockchain,” which allows transactions to be made only between parties without involving a third party such as a state or bank.

Since Bitcoin has the largest transaction volume among virtual currencies, it is attracting attention as an investment target as well as legal tender.

What is Ethereum?

Ethereum is a virtual currency that was released to the public in 2014. It is widely traded around the world as the second largest virtual currency by market capitalization after Bitcoin. Bitcoin utilizes the blockchain for exchanges, and Ethereum is a virtual currency based on the blockchain as well. However, it utilizes automated contracts called smart contracts.

Smart contracts allow Ethereum to transfer money as fast as “once every 15 seconds,” making it possible for Ethereum to transfer money even faster than Bitcoin.

Ethereum is also a development platform that implements smart contracts and allows users to create games and apps using Ethereum, making it more than just a virtual currency.

What is Litecoin?

Litecoin, a virtual currency invented in 2011, was developed based on Bitcoin’s code and is similar in nature to Bitcoin, but with faster transfer times than Bitcoin.

While Bitcoin’s block generation time is set at 10 minutes, Litecoin’s is 2.5 minutes, which is four times faster.

Due to the shorter block generation time, the issuance volume is also set at four times that of Bitcoin, with 84 million LTC as the upper limit.

Another feature is that the transfer time is also faster.

Litecoin is used as a sub-asset of Bitcoin, and if Bitcoin is gold, Litecoin can be compared to silver.

What is Tether?

Tether is one of the most price-stable stablecoins among virtual currencies. One of the characteristics of virtual currencies is that their prices fluctuate wildly, but this feature makes it very difficult to stabilize their prices and makes them impractical.

This is where stablecoin, with its stable trading price, comes in. Stablecoins are tied to legal tender, which stabilizes their prices, and tethers are tied to the U.S. dollar so that 1 USDT = 1 U.S. dollar.

Virtual currencies are characterized by the absence of an administrator, but stablecoin is managed by Tether Limited to stabilize its price. Although it is a virtual currency, it also has features similar to legal tender.

Characteristics of Virtual Currency

Many virtual currencies have been created since Bitcoin began trading in 2009. While each virtual currency has different characteristics, here are the main features found in virtual currencies.

Characteristic #1: no specific administrator

One of the reasons Bitcoin was created as the first virtual currency was to move away from centralized control: following the financial crisis of 2008, each individual’s personal assets were to be managed individually. Therefore, basically, virtual currencies do not have a specific administrator like the Bank of Japan, which issues and manages the Japanese yen.

You may wonder how they are actually managed in the absence of an administrator. Bitcoin, for example, utilizes “blockchain” technology.

Blockchain is a system in which several transactions are considered a single “block,” and as more transactions are made, the blocks are connected like a “chain”.

Once a block is finalized, it cannot be changed or undone any further, and it has very strong security.

The advantage of blockchain as a distributed ledger is that if data corruption occurs or a certain server fails, the data and server can be protected because multiple similar data are always maintained.

However, in recent years, as the number of types of virtual currencies has increased, stablecoin, a virtual currency with a stable price, has also appeared, and in the case of stablecoin, it may be managed by a specific company in order to stabilize the price. Neither is better or worse than the other, but each has different characteristics, so it is important to understand the advantages and disadvantages of each virtual currency before conducting transactions.

Characteristic #2: Payment and remittance can be made without going through a third party.

Basically, there is no specific administrator such as a bank, so virtual currency transactions are freely possible only between the sender and receiver, without going through a financial institution.

Money can be exchanged with anyone in the world 24 hours a day, 365 days a year, anywhere in the world, as long as there is an Internet environment.

Since there is no need for an intermediary, the processing speed of money transfers and settlements is overwhelmingly faster than with legal tender, and commissions can be kept low.

This feature is also inherited by stablecoins such as Tether, which has an administrator, but the transaction itself can be conducted only between the parties concerned.

Characteristic #3: Large price fluctuations

Virtual currencies are basically not managed by a specific administrator and are more directly affected by the balance of supply and demand, resulting in large price fluctuations.

However, in recent years, there have been an increasing number of virtual currencies, such as Tether, that are tied to legal tender and have stable prices, and there are more types of virtual currencies that can be selected for use depending on the application and purpose.

What is a virtual currency casino?

Virtual currency casinos are online casinos that allow players to use virtual currency to deposit into and withdraw from their accounts, and even to play games in the virtual currency itself.

There are two main types of virtual currency casinos.

(1) Casinos where you can deposit and withdraw virtual currency and play games in the same virtual currency used for deposits and withdrawals. (2) Casinos where you can deposit money in virtual currency and play games in the virtual currency itself. Withdrawals are also made in virtual currency, so there is no need to worry about price fluctuations with legal tender.

The casino allows you to deposit and withdraw in virtual currency and play in legal tender. After depositing in virtual currency, the casino converts the funds into legal tender such as Japanese yen, dollars, or euros, and the games are played in legal tender. After withdrawals are made, the money is converted back to virtual currency again. Since the conversion to and from legal tender occurs at the time of deposit and withdrawal, the price changes depending on the rate at which you deposit and withdraw.

Virtual Currency Casino Features

We would like to introduce four characteristics found in “virtual currency casinos” that allow you to deposit, withdraw, and play virtual currency.

Feature 1: High safety

Virtual currency is a highly secure currency due to its anonymity feature.

By using virtual currency as a means of deposit and withdrawal, anonymity is utilized and deposits and withdrawals can be made safely.

Payment data and other data into a casino site account using virtual currency are encrypted from the start, so there is no need to worry about identity theft or leakage of personal information.

If you play at an online casino where you can deposit, withdraw, and even play with virtual currency, you do not even need to register your name, address, or other personal information, and you can take full advantage of your anonymity.

Feature 2: Fast cash transfer and arrival 

Another advantage is the speed of transactions for deposits and withdrawals using virtual currency.

For example, if you deposit money into a casino using a bank transfer, it may take several hours, or even days, for the money to be transferred and deposited into your account.

On the other hand, if you use virtual currency to make a deposit, the money will be reflected in your online casino account in seconds, or even hours if it takes longer.

One thing to keep in mind when depositing and withdrawing using virtual currency is the wrong virtual currency address. The virtual currency address is essential for virtual currency transactions, but it is a very long string of about 30 alphanumeric characters.

If you make a mistake, the funds will be sent to the wrong address, and you will not be able to get them back.

However, basically, every address has a copy function, so rest assured that mistakes will not occur if you do not type in the address manually but use copy and paste.

Also, some types of virtual currency require a tag in addition to the address. If you make a mistake, you will not be able to get it back, so be careful not to make a mistake.

Feature 3: low transaction fees

Another advantage of using virtual currency as a deposit/withdrawal method for online casinos is the low fees.

Depending on the bank, the fee for bank transfers can be as low as 2,500 yen or as high as 6,000 yen or more.

Also, if you use a web wallet such as Ecopays, even if the casino charges no fee, the web wallet may charge a fee, or the casino may charge a fee.

With virtual currency, there is no fee, or if there is a fee, it is only a few hundred yen, so it is recommended for those who want to save a little on fees (fees vary depending on the virtual currency, virtual currency wallet, or exchange you use).

Feature 4: no need for identity verification

Online casinos basically require identification to verify the identity of the player.

This is required to prevent money laundering when using legal tender and is unavoidable when using online casinos.

However, there are many online casinos that do not require identification when using virtual currency to deposit, withdraw, or even play.

If you want to take advantage of the anonymity of virtual currency to use online casinos, it is recommended to use online casinos that allow you to deposit, withdraw as well as play in virtual currency.

How to deposit virtual currency to online casinos?

Basically, the procedure is the same at any online casino. The flow is as follows

1. Log in to the online casino
2. Select the virtual currency of your choice in the deposit method
3. Obtain the virtual currency address of the online casino
4. Send the virtual currency to the address you have obtained
5. Complete your deposit

You can deposit money at any casino by following the above procedure, except that you may need to enter the amount you wish to deposit before selecting a deposit method if your play within the online casino will be in legal tender rather than virtual currency.

If you complete the process correctly, there are no fees, and the money should be in your account within seconds.

How to withdraw money from online casinos in virtual currency?

The withdrawal process is similar and basically the same at all online casinos.

1. Log in to the online casino
2. Select the virtual currency of your choice in the Withdrawal Method
3. Obtain a virtual currency address to send money to
4. Send the virtual currency to the address you have obtained.
5. Withdrawal Completed

Withdrawals, like deposits, are fee-free and are received immediately.

However, for online casinos where gameplay is in legal tender, verification of identity is required before withdrawal.

In some cases, online casinos where deposits, play, and withdrawals are completed using only virtual currency may also require you to provide identification to verify your identity.

This is only a measure to prevent money laundering and protect the user’s funds, so if you are asked to submit your ID, please complete the verification process honestly. If there are no irregularities, the screening process will be completed without any problems, and the funds can be withdrawn. If you refuse without any reason, you may be suspected of having something to hide, and the screening process may take longer than usual.

Advantages of Using Virtual Currency in Online Casinos

The greatest advantage of using virtual currency in online casinos is its compatibility.

The greatest feature of online casinos is that “you can enjoy the casino online 24 hours a day, 7 days a week, 365 days a year.

The virtual currency has the feature of “being able to conduct transactions with anyone, anytime, anywhere, 24 hours a day, 365 days a year.

Furthermore, the anonymity of virtual currency is one of its strengths. In Japan, where online casinos are not that major, some people may feel uneasy about online casinos and are reluctant to send their personal information.

However, by using virtual currency, there is no need to send personal information, and you can enjoy online casinos with peace of mind.

Using virtual currency to play at online casinos makes a lot of sense. Please take this opportunity to use online casinos with virtual currency.