Bitcoin Gold is a cryptocurrency not to be mistaken with regular and the most popular cryptocurrency in the world Bitcoin. Bitcoin Gold launched in late 2017 with the backing of Hong Kong-based company LightningASIC. Bitcoin Gold was born to maintain the properties of the initial protocol and fill in some of the limitations of Bitcoin, so they share many similarities. The technology uses existing blocks of the Bitcoin blockchain for independent governance. Bitcoin Gold promises to provide faster, safer and more convenient casino deposits and withdrawals.
Casinos with Bitcoin Gold
- Bitcoin Gold
The Bitcoin Gold virtual currency has grown off the back of Bitcoins popularity and is making its way on to many online casino operators. The cryptocurrency is not subject to bank issuance or hindered by the monetary policies of the Federal Reserve or Central Bank. The crypto coin is controlled by the community members and the Bitcoin Gold board. This deposit option is adaptable, efficient and functional. We are seeing a rise in crypto casinos and there are plenty of casinos that accept Bitcoin Gold. Let’s take a deeper look into making decentralized peer-to-peer transactions using this interesting cryptocurrency.
Making a deposit using Bitcoin Gold will not stop you from claiming a sweet bonus offer. You can take advantage of various bonus offers including first deposit bonuses, match bonus and free spins. Crypto friendly casinos are fully functional with triggering bonuses through cryptocurrencies, but regular online casinos may not have the automated processes in place so attaching a bonus to your deposit may be a little different. Be sure to find out the process and follow it correctly so you can grab a bonus with your deposit.
You can enjoy plenty of great things when you make Bitcoin Gold deposits and withdrawals. There are unprecedented levels of security and plenty more things to shout about when it comes to crypto deposits. Let’s take a look at some of the perks you can expect to come across.
Great protection: Bitcoin Gold adopts incredible blockchain technology that makes the transaction impenetrable. Furthermore, you will not have to share any banking information or any personal details when you deposit through Bitcoin Gold. You can enjoy complete and utter anonymity.
Transparent: The blockchain holds data on every single transaction made so transactions can be monitored and tracked in order to increase transparency.
Larger deposits: Bitcoin Gold allows you to move larger amounts of cash with no restrictions. There is no limit to how much you can move through Bitcoin Gold.
Rapid withdrawals: Payment processing on the Bitcoin Gold network is near-instant. It takes only a few minutes to transfer money from one crypto wallet to another. There is no banking processing involved. You simply used a unique transaction code to move Bitcoin Gold funds.
No Fees: There are no transaction fees attached to the Bitcoin Gold infrastructure so you can enjoy cost-effective money transfers.
Bitcoin Gold or any other payment option is not perfect. There are some minor drawbacks to using the cryptocurrency payment option. Let’s take a look at some of the disadvantages of using Bitcoin Gold for online transactions.
Volatile: Bitcoin Gold is a very volatile cryptocurrency and can inflate or deflate in value very quickly and many times over the course of a day. So, if you buy and store Bitcoin Gold it may be worth more or less than what you purchased it for. If you purchase the currency and transfer the entire balance into your real money balance without delay, then you can avoid this.
Not regulated: Many consider this an advantage, but some may consider it a disadvantage, especially if you somehow lose the cryptocurrency. Whether that be through a misplaced hardware wallet, incorrect transaction ID or some other bizarre way. You will not be able to recover the lost Bitcoin Gold.
You can appreciate that there are no transaction fees attached to making money transfers over the blockchain network. You can move large amounts in value without having to pay unjust fees. However, some online casino operators do add transaction fees to deposits and withdrawals, regardless of the payment method. This fee is most often a small percentage of the amount being transferred. You can see if your preferred online casino attaches fees to the transaction by contacting the customer support team or by consulting the FAQs.
Creating an Account
Cryptocurrency does not operate in the same way as other deposit options. You do not need to create an account with Bitcoin Gold, but you do need somewhere to store the currency. You will need to sign up to a cryptocurrency exchange where you can purchase, transfer and store Bitcoin Gold. You will need to provide some personal information and verification documents to sign up to a crypto exchange. You can also buy, transfer and safely store your crypto using a hardware wallet which requires less verification than exchanges.
Moving money into your real money casino balance via Bitcoin Gold is a painless process. Although it is a bit different from making the regular banking and eWallet deposits that you may be familiar with. Let’s take a look at the process of making a Bitcoin Gold casino deposit.
- Choose Bitcoin Gold as your payment option.
- Enter the amount of your deposit.
- You should then be presented with a Bitcoin Gold wallet code.
- Head over to your crypto wallet and transfer Bitcoin Gold to the provided wallet code.
- Confirm the transaction and Your payment should be sent
- Once the funds display in your casino balance you can start enjoying the games!
You can enjoy rapid withdrawal times through the Bitcoin Gold network. Gone are the days of waiting days for your winnings to land in your account. Those long times are gone with cryptocurrencies. Let’s take a look at the process of getting hold of your winnings through the Bitcoin Gold cryptocurrency.
- Head over to the casino cashier.
- Choose the Bitcoin Gold withdrawal option.
- Enter the amount you wish to withdraw and confirm.
- You should then be able to enter your Bitcoin Gold wallet code.
- Then the casino will confirm the transfer.
Bitcoin Gold uses blockchain technology that is very secure in moving cryptocurrency. However, Bitcoin Gold has suffered some attacks in the past that has resulted in financial losses for many holders. Bitcoin Gold is still very new, and the developers have not shared the code it’s built on so it can’t be reviewed for its security levels. You will not have to share any financial details or personal information when you make a Bitcoin Gold transfer so you can enjoy private payments.
If you come across any hiccups or have a general question, then you can find information in abundance on the web and the official Bitcoin Gold site. You can also contact the support services available to you on the crypto exchange. Your favoured online casino site will also provide plenty of support options including live chat, email and phone. You can also look through the dedicated FAQs page for a quick answer to a general query.
Bitcoin Gold does not share the same popularity as its namesake by any means, but it is growing in popularity. We are seeing an influx of crypto-friendly online casinos that are widening the net for cryptocurrency, digital token and altcoin payments. Bitcoin Gold has the functionality and convenience to be a top deposit contender in the crypto space. Although it is not as widely available as that of the top cryptos – it is gaining some traction.
Can I make withdrawals using Bitcoin Gold?
Yes, you can send money back to your Bitcoin Gold wallet. Withdrawals are usually sent back in a matter of hours, dependent on how fast the casino’s payment team operator.
Are there fees involved with Bitcoin Gold?
No, there are no fees attached to the crypto chain when making Bitcoin Gold deposits. However, the online casino operator may have their own deposit and withdrawal fees, independent of any payment method.
What is the best Bitcoin Gold casino?
We have researched for you so you can view the best casinos that accept Bitcoin Gold payments and make a choice yourself. We have listed the top-rated Bitcoin Gold casinos here.
Which online casinos accept Bitcoin Gold?
Use the list of Bitcoin Gold casinos to see all online casinos that accept Bitcoin Gold payments. We filter the casino top list to only show Bitcoin Gold casinos that accept players from your location.