Best Bitcoin Casino Sites – Play At a Bitcoin Casino in New Zealand

Bitcoin has skyrocketed in popularity in recent years. Now, more and more casinos are using it as a payment method. You might find it tough to pick your ideal Bitcoin casino, but this is where we come in. Our team has created a list of the top Bitcoin gambling sites for New Zealanders. Each casino scores highly in terms of security, reputation, and bonus variety.

Aside from offering site recommendations, we’ve also written a guide to help you get started with Bitcoin casinos. Find out how this cryptocurrency works and its many benefits. With our guide, you’ll be up and running at your chosen BTC casino in no time.

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Bitcoin Casinos

Top Bitcoin Gambling Sites for 2024 – Play At a Top NZ Bitcoin Casino

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Bitcoin, Diners club international, Eco, Discover, Ethereum, Interac and 7 more

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Bank Transfer, Bank Wire, Bitcoin, Citadel, Fastbanktransfer, Idebit and 27 more

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Eco, Ideal, Instantbanking, Mastercard, Neteller, Interac and 14 more

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Mastercard, Neosurf, Siru, Visa, CashtoCode, Piastrix and 12 more

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Bank Transfer, Bitcoin, Mastercard, Neosurf, Poli, Visa

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Mastercard, Qiwi, Visa, Ethereum, eZeeWallet, Piastrix and 8 more

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Apple, Astropay, Bank Transfer, Bitcoin, Mastercard, Binance and 28 more

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Bank Wire, Bitcoin, Mastercard, Neteller, Paysafecard, Skrill and 1 more

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Bitcoin, Ideal, Mastercard, Neteller, Skrill, Visa and 1 more

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Payment Methods Accepted:

Bitcoin, Mastercard, Neosurf, Visa
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What is Bitcoin?

Bitcoin isn’t a physical currency, like NZ dollars or European euros. So you might find it hard to wrap your head around it. However, it’s easy to learn the basics. Here we’ll give you the lowdown on what Bitcoin is, and how it works.

Bitcoin is virtual money known as cryptocurrency. It was created in 2009 by Satoshi Nakamoto. It was the first cryptocurrency to exist. You can think of it as an online version of normal cash. Each Bitcoin is a computer file that is stored in a “digital wallet” app on smartphones or computers. A digital wallet is like a virtual bank account. People can send Bitcoins to your wallet, and you can send them to other people’s wallets. You can also buy products and services with Bitcoin, although not all merchants accept it as a payment method. Nowadays, you even use Bitcoin for online gambling.

There is no bank or government controlling Bitcoin. Instead, it’s controlled by a network of people who use computers to verify the transactions. People have their computers work many hours and use lots of electricity to generate cryptocurrencies like Bitcoin. The computers record transactions on a public list of transactions known as the blockchain. This process is called cryptocurrency mining. Mining keeps transactions secure and creates new cryptocurrencies.

How Bitcoin Casinos work

How Do Bitcoin Casino Sites Work?

Bitcoin casinos have become more popular lately, especially in New Zealand. These are online casinos that accept Bitcoin as a payment method, just as they accept credit cards and e-wallets like PayPal. These sites allow you to deposit funds into your account with Bitcoin. They also let you withdraw your winnings in the same way. Some Bitcoin online casinos only let you deposit and withdraw with BTC. Others let you deposit and withdraw with traditional currencies, too. You may also find gambling sites that let you use other cryptocurrencies, like Ethereum.

Bitcoin casino sites in NZ are like normal online casinos but have a few differences. The first is that casinos generally won’t charge you any fees for depositing and withdrawing with Bitcoin. This is because the casinos won’t need to cover traditional banking costs. In return, Bitcoin sites can offer you more generous casino bonuses. These sites are also discreet. They will not ask for a lot of your personal details, except for your email address, in case you need to recover your password.

Getting Started with Bitcoin

Before you join a Bitcoin casino in New Zealand, you first need to own some of the cryptocurrency. There are many ways to get Bitcoins, but here we’re going to show you how to buy them using a traditional currency. Below, you’ll find an overview on how to get set up.

Find a Suitable Wallet

First, you need to pick a suitable digital wallet to store your Bitcoins. While there are some Bitcoin wallets called software wallets, we’ll be discussing hosted wallets. A hosted wallet is a way to store your Bitcoins with a third party, similar to what you do with a bank. It means that we are using another company to handle the storage and security of our Bitcoins.

The easiest way to set up a hosted digital wallet is through a Bitcoin exchange. A Bitcoin exchange is a marketplace that allows you to buy or sell Bitcoins using different currencies. They allow you to convert NZ dollars to Bitcoin, and vice versa. In many cases, exchanges also have built-in wallets that allow you to store your Bitcoins.

Coinbase, for instance, is a reputable exchange which is very popular around the globe. Cash App is another exchange which is ideal for beginners. Shop around and read various reviews to find a Bitcoin wallet that suits your needs best.

Put Money in Your Wallet

Once you’ve created an account with an exchange, it’s time to put money into your Bitcoin wallet. You can use your debit or credit card to deposit into the wallet. You can also put money into your wallet by directly linking your bank account to it. Then, you can convert the money into Bitcoin. There may be a small commission fee you need to pay to the exchange for converting your money into Bitcoin. Also, remember, just like any currency, Bitcoin’s rate will fluctuate. Look at the rate you are getting when you make your purchase.

Top Tip: Bitcoin is decentralised, giving players lots of flexibility in terms of how they use it. But this also comes with some risks. Bitcoin’s value can change quickly, much like the stock market. When you buy Bitcoin, think of it as an investment that could either earn you returns or result in some expected losses.

How to Deposit at Bitcoin Online Casinos

Depositing Bitcoin into a crypto casino is simple and quick. Follow these steps:

1

Log into the Bitcoin casino site of your choice and head to the cashier. You’ll see Bitcoin listed as a deposit method here.

2

Click on “Bitcoin” and you’ll receive a wallet address that belongs to the casino site. A wallet address is a randomly generated set of numbers and letters.

3

Go back into your digital wallet, paste the address the casino has given you, and confirm the transfer of Bitcoins to the site. It may take a few minutes for the deposit to be processed.

Now you can play all the best Bitcoin slots and casino games with your deposit.

How to Withdraw from Bitcoin Gambling Sites

Withdrawing from a New Zealand Bitcoin casino is just as straightforward as depositing. Here are the steps you need to follow:

1

Head to the cashier and click on Bitcoin as a withdrawal method. Bear in mind that if you’ve won money using a casino bonus, there may be a limit on how much money you can win and take out of your account.

2

Once you’ve requested a withdrawal from the casino, they will ask you to provide a Bitcoin address that you’d like to have your money sent to.

3

You can request this address from your digital wallet, copy it, and give it to the Bitcoin casino you’re withdrawing from. Your funds would then soon appear in your digital wallet.

Top tip:To be extra safe, always request a new Bitcoin address from your digital wallet each time you make an online transaction. Don’t use the same wallet address every time. By doing this, you’ll be isolating each of the transactions, and this makes it harder to trace them back to you or your wallet.

Pros and Cons of Bitcoin Gambling

Just as Bitcoin comes with benefits, it also has some disadvantages. We’ve compiled the pros and cons of the cryptocurrency below for you to check out:

Pros
  • Small or no transaction fees
  • Transactions are completed in minutes
  • Variety of Bitcoin wallets to choose from
  • You can opt for full anonymity with Bitcoin
Cons
  • Bitcoin casinos are still not as common as traditional online casinos
  • Bitcoin’s value can fluctuate quickly
  • You have no way to chargeback or reverse transactions

Stay Safe While Playing at Bitcoin Casinos in NZ

When playing at a Bitcoin casino, Kiwis should always look out for scams and fraud. Follow our tips to keep your experience safe.

Play at Licensed Casinos Only

Be sure you’re playing at a Bitcoin casino that has a licence from a reputable gambling authority. Unlicensed casinos are risky and dangerous to use. They don’t keep your information safe and can withhold any winnings. Fortunately, our team has got you covered. Our list of the best Bitcoin casinos includes only licensed sites.

Use Reputable Bitcoin Exchanges Only

Stick to Bitcoin exchanges you trust. Choose an exchange that has good customer reviews and an excellent reputation in the market. Swyftx and Binance are some of the most trusted exchanges in New Zealand, but there are hundreds of others available.

Try Provably Fair Gambling

You can tell whether a Bitcoin game is rigged or not through provable fair technology. Since the whole transaction between you and the house is being tracked online, you can verify the game’s results with one click. By entering the details of the bet on the verification page, you can check that the transaction was fair.

Consider Cold Storage

Storing large amounts of cryptocurrency online is risky, so sometimes the best route is “cold” or offline storage. A USB hard drive a good place to start because it has no connection to the internet until you plug it in and use your funds. Alternatively, you can opt for hardware wallets, such as Trezor.

Update Your Software Regularly

Check that your wallet software is up to date weekly. This ensures you’re using the latest technology with all the best protective security measures. This is one simple way to stay safe while playing at Bitcoin casinos.

How Does Bitcoin Compare to Other Cryptocurrencies?

While Bitcoin is the most well-known cryptocurrency, there are plenty of others on the market today. In fact, there are over 4,000 cryptocurrencies out there! These include Litecoin, ripple, EOS, and NEO. So, is Bitcoin better than these cryptocurrencies? Should you choose other crypto payment methods instead of Bitcoin? We’ll let you decide by looking at our table below.

Bitcoin
  • Best known cryptocurrency.
  • Slower transaction speed.
  • Requires specialist mining equipment.
  • Most accessible cryptocurrency.
  • Limited supply of Bitcoins.
Other Cryptocurrencies
  • Not as widely recognised as Bitcoin.
  • Faster transaction speed.
  • Requires specialist mining equipment.
  • Not as accessible as Bitcoin.
  • Many cryptocurrencies have an uncapped supply.

How We Choose the Best Bitcoin Casinos for New Zealanders

We know choosing the best online casinos that accept Bitcoin can be hard. It takes a lot of effort, time, and research. We want you to have a safe crypto gambling experience, which is why we’ve done the work for you.

We follow a 23-step review process to pick the very top Bitcoin casinos in NZ. Below, we’ve summarised our review criteria for you so that you can learn about our process. Once you read through it, you’ll have peace of mind knowing we picked the best of the bunch.

Bitcoin Casinos FAQ

Which is the best Bitcoin casino in New Zealand?

The best Bitcoin casino in NZ is the site we’ve listed as #1 on our list. This casino is licensed, has great bonuses, and comes with tons of games.

Are Bitcoin casinos safe to play on?

A Bitcoin casino is safe if it has a licence from a gambling authority. Don’t trust unlicensed casino sites.

Is gambling with Bitcoin legal in NZ?

Bitcoin casinos in New Zealand are not illegal. You can play at Bitcoin casino sites as long as they are licensed oversees.

What is a Bitcoin wallet?

A Bitcoin wallet is an app on your smartphone or computer that lets you store your BTC. It’s like a virtual bank account. You’ll need one to play at a crypto casino.

Are there more crypto payment methods besides Bitcoin?

Other cryptocurrencies you can play with include Ethereum and Litecoin. However, not all Bitcoin casinos accept them as payment methods.

What Bitcoin games can I play?

Players can enjoy a wide variety of Bitcoin games. These include pokies, blackjack, roulette, and poker.

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