What are Bitcoin Bonuses?
Bitcoin bonuses are prize money or spins that a Bitcoin casino gives to you in exchange for a deposit made in Bitcoin cryptocurrency. The basic concept of the Bitcoin bonus is no different from the classic awards that online casinos reward their players. However, in most cases, the Bitcoin bonus can guarantee much more additional funds and better wagering requirements for all gifts.
The specifics and features of Bitcoin bonuses vary depending on the Bitcoin casino you choose, but below we will try to explain to you how such bonuses work in general and what variations of Bitcoin bonus you can count on in the bunch of Bitcoin casinos.
How does Bitcoin deposit bonus work?
As a rule, the process of depositing to receive a Bitcoin bonus is not much different from the typical steps that need to be followed to fund a game account. And as far as the requirements for the full use of Bitcoin bonuses are concerned, this is also true, as any Bitcoin casino is trying to not only reward you registration or regular deposits but also get benefits for their business.
In most cases, Bitcoin casinos offer gamblers who prefer to replenish their account in cryptocurrency such a scenario.
- First, you make a deposit for the desired amount of money, for example, 200 mBTC.
- After that, the Bitcoin casino system credits you with bonus funds automatically or after contacting the support service. The sizes of Bitcoin bonuses can vary depending on the Bitcoin casino you choose and are usually 50% / 100% / 125%.
- Your deposit money and the provided money reward will be transferred to a separate Bitcoin bonus account.
- Once you have used up all your own money, Bitcoin bonuses become available to you.
- Winnings earned on your Bitcoin bonus will be transferred to the main gaming account, and to later withdraw them to an electronic wallet, you need to fulfill the wagering requirements of the Bitcoin casino.
Depending on the online casino, you will face certain restrictions on deposits in this cryptocurrency. Below we will discuss these and other aspects of Bitcoin bonuses in more detail.
Bitcoin Welcome Bonus
This type of Bitcoin bonus is assigned to the player as soon as he completes the creation of a gaming account at the Bitcoin casino. Since the welcome bonus is essential to give gamblers a good first impression, most of the time, the promotions are very generous.
For example, Bitcoin Penguin Casino can offer 100% Bitcoin bonus money for your first cryptocurrency deposit up to 0.2 BTC + 30 Free Spins. In some cases, gambling platforms follow this plan and involve players into gambling with even more profitable increments of 200% and even 300%.
Bitcoin Casino Free Spins
Free spins are also considered to be one of the most common forms of Bitcoin bonus. Typically, Bitcoin casino provides players with such rewards both as a welcome package and as part of regular promotions. Most often, gamblers receive 100-200 free spins for specific games or projects from a specific developer.
If you are looking for a gambling platform that provides such a Bitcoin bonus, take a look at Golden Star Bitcoin casino. After registering here and the first cryptocurrency deposit, you will receive not only 100 free spins but a 100% cash Bitcoin bonus.
Bitcoin Casino Bonus Codes
Some Bitcoin casinos offer gamblers to use various promo codes to get generous Bitcoin bonuses. As a rule, with such promotions, gambling sites will reward players better than in the case of standard Bitcoin bonuses. This is largely due to the fact that Bitcoin bonus codes most often have a limited validity period.
In most cases, these bonus codes are listed in the Promotions section of your online casino. Besides that, they can be found on individual online aggregators dedicated to such codes, and of course on our platform slotsspot.com.
For example, CryptoWild casino provides players with not only a lucrative Bitcoin bonus welcome offer but also the opportunity to get 20 extra spins when using the bonus code “20FREE”. And it is noteworthy that the wagering conditions for such a Bitcoin bonus are simpler than for wagering the main welcome package.
Bitcoin Casino no deposit bonus
The simplest type of Bitcoin bonus is the no deposit reward. Such rewards are issued to players immediately after registering on the gambling site. Generally, a free Bitcoin bonus does not outperform standard welcome or reload offers, and yet they give you the opportunity to try the gameplay at your chosen Bitcoin casino without spending anything.
To better understand what Bitcoin bonus you can count on without any deposits, let’s take 7BitCasino for example. This platform, which accepts cryptocurrencies, guarantees all new players 20 free spins as a Bitcoin bonus, which can be withdrawn to an electronic wallet in the form of won money in the case of 45 times wagering.
How do you claim a BTC Casino Bonus?
To claim a typical Bitcoin bonus, you need to follow a few simple steps that may vary depending on your casino.
- By registering on a platform that provides no deposit Bitcoin bonuses, you will receive your free spins or extra money automatically.
- If we are talking about the classic welcome or reload bonus, go to the “Promotions” section of your site and click on the button with the bonus you are interested in.
- As soon as the Bitcoin casino system records that you have met all the necessary conditions, your reward will be credited to your bonus account.
- In some cases, Bitcoin casinos ask players to contact the support team to receive bonuses for using cryptocurrencies.
As for the general Bitcoin bonus wagering requirements, withdrawal limits, and time restrictions, we will briefly discuss each of these points below.
Bitcoin Bonus: Requirements and Condition
Of course, online casinos cannot allow their players to play for free without any benefit to their business. As a rule, the opportunity to receive Bitcoin bonuses is accompanied by several requirements and conditions that must be met. Typical methods that online casinos rely on include wagering, cryptocurrency withdrawal limits, and time limits.
Most often, gambling platforms ask players to wager their Bitcoin bonuses before they can withdraw the money won to their e-wallet accounts. This means that you need to increase the amount of money or spins provided to you by several dozen times.
For example, if a gambling platform offers you a 200% Bitcoin bonus for a deposit of up to 2 mBTC, which needs to be wagered 50 times, you will have to place bets on an overall amount of 100 mBTC. Only after that, you can transfer the amount of your deposit to your wallet along with the Bitcoin bonus.
Online casinos quite often impose certain limits on the withdrawal of winnings received through Bitcoin bonuses. Although such restrictions usually do not affect standard deposit bonuses for using cryptocurrencies, they can apply for bonuses that do not require a deposit to the gaming account, as well as for free spins. This is because in most cases, no deposit rewards are much less generous than welcome or reload rewards.
A significant difficulty using Bitcoin bonuses in full is also that players get a limited number of days to wager their gift funds. As soon as you receive this or that bonus for using the cryptocurrency, you have 7 – 30 days left to withdraw your potential winnings to your account.
Gambling with Bitcoin Bonus
Given the explosive spread of Bitcoin bonuses in the gambling industry in recent years, the use of cryptocurrency in online casinos is definitely not worth ignoring. Most sites are willing to provide players with better incentives if they rely on Bitcoins for their financial transactions.
An important positive factor of such bonuses is their variety. In addition to the standard welcome, reload and weekend gifts, Bitcoin bonuses can bring you extra cash in a variety of exclusive promotions only available to cryptocurrency e-wallet owners.