New Zealanders now can enjoy their casino games for real money play by using cryptocurrency Bitcoins. Bitcoin is a purely digital currency as there are no notes or coins that can be used exclusively in online transactions. In this monetary system encryption is used to secure transactions and keep your transactions anonymous.
Though Bitcoin is not legitimately used in New Zealand but you can buy it from traders for a marked-up price, also there is a bitcoin ATM in a bar in Auckland and in Dunedin but that hasn’t really caught on as there are less users of BTC (Bitcoins).
Bitcoin is used at online casinos in NZ
Casino gambling is legal in New Zealand, but operating online casino gambling sites within the country is not. The 2003 Gambling Act states that all forms of remote interactive gambling is illegal, but the law explicitly states that the ban on gambling does not include gambling by a person in New Zealand conducted by a gambling operator located outside New Zealand. This means that it is perfectly legal for punters in New Zealand to play on any international online casino sites available to them. Therefore Kiwis are able to use Bitcoins at offshore online casinos with no problem.
There are a range of things that you should consider before signing up, especially now that online bitcoin casinos are becoming increasingly competitive and more online casinos NZ are accepting the digital currency.
Things to consider before signing up
- The online Bitcoin casinos should be licensed and regulated by the gambling commission
- In terms of safety, you should also check whether the casino that you’re considering has a provably fair system, and/or uses games from reputable traditional casinos. For those who do not know, a provably fair system uses cryptographic techniques to determine the authenticity of a roll and ensure that neither the game nor the player knows the outcome of a roll prior to the bet.
- Online Bitcoin casinos should offer great promotional offers and BTC bonuses.
- The gameplay and interface should be user-friendly and can be played with various devices like smartphones and tablets.
- You should know that you need to buy BTC and find the easiest way to procure the valued cryptocurrency as opposed to mining it yourself. You must create a ‘wallet address’ with the most popular bitcoin software offering the service. Once you’ve located your ‘bitcoin address’, you must choose a bitcoin exchange or bitcoin trade market to use.
- After you’ve selected and signed up for an exchange, you can begin transferring money to your exchange bank account. Once the money is deposited, you can choose to ‘Buy’ or ‘Trade’ the bitcoins,. The pricing will always vary depending on supply and demand. Once the bitcoins are purchased, you can transfer your bitcoins from the bitcoin exchange to your wallets.
Things to know about bitcoin
Note that Bitcoins can be stored in two ways: software using a cloud or software you download. Among these two forms of storage exist a wealth of services dedicated to depositing and withdrawing bitcoins, specifically to and from online gambling sites. So those hoping to use bitcoin while gambling won’t be limited to just one deposit or cashout option.
Software like BlockChain or GreenAddress store them in a cloud, in a similar way to PayPal or Neteller and are considered the most popular forms of bitcoin storage. Software like Electrum or Darkwallet is downloaded onto your computer, and the coins are stored on your hard drive. This software tends to be more secure. Although you can’t use a bank account, credit card or cheque, avoiding the conventional banking system means transactions are faster. Using conventional currency, cashouts can take days, and cheque deposits up to a week. Bitcoin transactions are usually complete within minutes.
Online casinos that accept Bitcoins have no transaction costs. All transfers are peer-to-peer, so there are no middlemen to pay. Multi-currency casinos often make charges to deposit or withdraw using a credit card, and such hybrid casinos themselves may have fees and the same can be true like using e-Wallets and banks.
The advantages of online casinos that accept Bitcoins
- You can make can deposit and withdraw anonymously
- There is no need for third Parties or middle men
- You can play with lower credits or amounts at the online casinos
- The deposits and withdrawals are faster than other currency
- When making cashouts there is no need for any ID proof.
- Get 24.7 friendly support
- Also avail BTC bonuses of various kinds
Online casinos that accept Bitcoins
There many online casinos that have started accepting Bitcoins. The few reputed ones are as given below.
1. Rich casino
This casino is a legit casino when it comes to looking for the online casinos that accept Bitcoins. This casino is licensed and regulated with Curacao eGaming where you can enjoy over 800 pokies games. As a new player you are offered 400% BTC bonus on your first three times deposits.
Promotions and Bonuses
Rich Casino is currently giving away to all new players a no deposit bonus offer. You will be able to claim up to $25 / £25 / €25 via that bonus without the need to make a first deposit into the casino site.
The Rich Casino website is where you will find the terms and conditions of that new player sign up bonus plus by checking their promotions page you will also find details of their ongoing promotional offers and also the Rich Casinos loyalty club which rewards your real money gaming action with comped playing credits.
Graphics and Software
Rich Casino uses the range of casino games and the gaming platforms as supplied by Top Game, and as such you will be able to play a large and varied range of high paying and great playing casino games wither for free or for real money.
The downloadable gaming platform at Rich Casino has a huge range of games on offer and as such you really should give them a try if you are seeking the biggest and best range of high paying casino games all of which offer low house edges and very high payout percentages!
You will always be made to feel very welcome and like one of the family when you sign up and play at the Rich Casino site, however, if there is anything you d not understand about any aspect of their casino then you are able to make use of their around the clock customer support team. They have a team of agents on had every single minute of the day and you can contact them via instant chat or if you prefer you can drop them an email.
Rich Casino VIP Club
As an online casino player, you will always be on the lookout for bonuses that will enable you to get the best playing value, and there are always going o be more than enough bonus offers available at the Rich Casino site.
However, the comp club which is available at this top-rated Top Game software powered casino site is also worth taking a closer look at for whenever you place any real money wager you will be earning comp points which you are then going to be able to turn into real money playing credits!
Bitcasino.io is an online casino for bitcoin players only you can deposit, play and withdraw money with bitcoins – the only currency accepted at Bitcasino.io. As a new player you get a welcome bonus of 100% up to m฿ 1,000. Enjoy pokies, table games, multiple live casinos and over 1300 bitcoin casino games. Bitcasino.io is run by Luckbox Ent. Ltd and is regulated by the Government of Curacao.
3. 7 Reels
It is an Australian and New Zealand-friendly online casino that came into existence in 2008. Being a part of the Winward gaming group this is a legit casino with license and regulation by the Government of Curacao. The casino accepts AUD, NZD, and BTC to play games but also so many other currency options. It includes cryptocurrency. There is no reason as to why not to play at this amazing casino. Depositing with Bitcoins gets you a rich 400% bonus on your first three times deposits.
4. 21 Dukes
A Game Care certified online casino that accepts Bitcoins is 21 Dukes. While you get to play awesome casino games with BTC as a new player; you also get 500% bonus on your first deposit all in BTC.
Slot land casino is the perfect Bitcoin casino that allows NZ punters to play wonderful pokies with Bitcoins, USD, and other cryptocurrencies. This online casino is not new but has a good reputation since its launch in 1998. Being a legit casino registered by the Government of Anjouan, the casino is safe to play as offers encrypted secure online transactions.
There are several other online casinos that accept Bitcoins. You need to do a bit of research and find out from the online casinos that accept New Zealand players as they offer BTC or not to play games.