Best Bitcoin Online Casinos In New Zealand 2024

Top List Of Bitcoin Casinos In New Zealand In 2024

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We have reviewed different Bitcoin casinos and compared them based on various essential factors, such as safety, quality of customer support, and ease of use. These are our top picks:

Slotimo	🥇 Best Bitcoin Casino
Boomerang	🏆 Features Various Casino Tournaments
Zotabet	🤑 A Huge Cashback Bonus
Bingo Bonga	🤩 Excellent Customer Support
Thrillsy	🔥 Very Low Fees
GGBet	🐣 Great for Beginners

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Top 3 Online Bitcoin Casinos In New Zealand In 2024

You can’t go wrong by choosing any casino from our list. However, let’s do a quick review of our top choices.

Slotimo: A Huge Variety Of Jackpot Games

Quick and reliable Bitcoin withdrawals without delays – cash out your winnings in a matter of minutes.
A huge welcome bonus for new players of up to $1000, including free spins.
Slotimo offers popular live dealer game suppliers, in case you want to bet live from home.
No withdrawal fees for withdrawing once per month. However, there are some small fees for next withdrawals.

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Boomerang: Features Various Casino Tournaments

Offers over 7000 games from 100+ well-known software developers.
Instant deposits and payouts in Bitcoin.
Boomerang features a loyalty system with generous benefits.
Weekly cashback of 15% for VIP members – however, you will need to be a high-stake player to become a VIP member.

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Zotabet: A Huge Cashback Bonus

Zotabet offers a cashback bonus of up to 20% for VIP members.
Thousands of games with eye-catching themes, featuring popular movies and TV series.
Live games made by popular developers, such as Evolution Gaming and Pragmatic Play Live.
Fast and reliable Bitcoin deposits and withdrawals.

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What Is A Bitcoin Online Casino?

As the name suggests, a Bitcoin online casino is a casino that allows you to use crypto to deposit or withdraw funds. Since crypto gives users total control and anonymity, it is considered the safest form of gambling.

The two primary types of Bitcoin online casinos include BTC-exclusive and hybrid casinos. While the first allows only crypto, the second type of casino allows both traditional currencies and cryptocurrencies. In both types of casinos, you can play games such as poker, roulette, and blackjack, and win your prize in crypto.

To use an online BTC casino, you must first purchase coins using regular currency, and then open an online crypto wallet to make payments and withdraw funds. Using crypto for gambling also gives you the chance to make some extra money due to frequent crypto market fluctuations.

Website	https://www.bitcoin.com/
Established (year)	2009
Founder	Satoshi Nakamoto
Regulation	Private crypto transactions are not regulated
Number of countries using BTC	56
Payment duration	10 minutes on average
Costs/fees	Transaction fees are changing daily
Security features	Key storage, seed generation
Number of users in New Zealand	9% of adult internet users
Number of users worldwide	Around 420 million users

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How Does Bitcoin Work?

By definition, Bitcoin is a decentralized digital currency that works without the need for any government financial system. The digital network, powered by a blockchain, utilizes and records peer-to-peer crypto transfers between users.

To completely understand how Bitcoin works, it is essential to understand the following terms: blockchain, transactions, and processing.

Blockchain is a public ledger on which the whole BTC network relies. Every successful transfer is included in the blockchain, whose integrity is enforced with cryptography.
The transaction is a transfer between BTC wallets. A secret piece of data, known as a “private key”, is kept in the BTC wallet and is used to sign transactions to provide proof that they came from the owner of the wallet.
Processing, also known as mining, is a system used to verify pending transactions by including them in the blockchain. It ensures a chronological order on the chain and protects the neutrality of the network.

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Pros And Cons Of Bitcoin Online Casinos?

Based on the SOFTSWISS report, Bitcoin gambling held a share of approximately 80% across a wide array of iGaming brands in 2021. Apart from Bitcoin, the other most-used token was Ethereum with a share of around 10%.

Like casinos that support only traditional currency, Bitcoin online casinos also have their pros and cons. Let’s see why you should, or shouldn’t choose Bitcoin for online gambling.

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How To Deposit And Play At An Online Casino Using Bitcoin

Depositing your funds at either of the recommended online casinos in New Zealand is relatively easy, and can be done in a few simple steps. Let’s see how you can do it at Slotimo, which is one of our top picks among Bitcoin online casinos in New Zealand.

Step 1: Create An Account

First, go to the Slotimo homepage and click on Register in the top right corner. A window will pop up, requesting that you enter your email address, desired username, and desired password. The window will then take you to another page to submit your contact details, such as your city and street address.

Step 2: Deposit Funds

After you create an account, the website will immediately redirect you to a Deposit Funds window. There are plenty of options to choose from, but if you want to deposit using Bitcoin, make sure to choose the Crypto option. Enter the desired amount and click on Deposit.

Step 3: Start Playing

At the top of the screen, you will notice sections such as Casino, Live Casino, Virtual Sports, Live Betting, and TV Games. Choose the desired section and the list of available games will appear, as shown in the image below. That’s it!

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Withdrawing Winnings After Depositing With Bitcoin At Online Casinos In New Zealand

Withdrawing your winnings from Bitcoin online casinos is also effortless. Let’s see how you can do it easily at Slotimo:

Step 1: Go To Withdraw Window

Click on your username in the top right corner and click Withdraw from the dropdown list. You will be taken to a new window where you simply need to enter the desired amount and the desired withdrawal method. If you withdraw in Bitcoin, you will receive your winnings in a matter of minutes.

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How We Rate Bitcoin Casinos

While we were choosing the best Bitcoin online casinos in New Zealand, we had a few essential parameters upon which we reviewed each casino. These parameters are crucial for a safe and optimal playing experience.

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Bitcoin Fees, Processing Times, And Limits

If you want to play at a Bitcoin online casino, it is essential to know everything about fees, processing time, and various limits. Let’s dive into the details.

Fees

Many online casinos won’t charge any fees when you deposit or withdraw Bitcoin. The reason behind this is that a casino is more concerned about getting new players through the door.

However, some casinos will still charge a certain fee if you withdraw or deposit in crypto. It is because every time a casino receives Bitcoin from a player, the Bitcoin exchange will charge money from the casino. The amount of fee you will have to pay is usually 1-2%.

Processing Times

In extremely rare situations, you might need to wait a couple of days to get your cash. However, most Bitcoin casinos will allow you to cash out instantly.

Limits

Limits differ from casino to casino. For example, most casinos will allow you to withdraw between 0.0002 and 10 BTC. Deposit limits are usually related to the current Bitcoin worth. Most casinos will allow you to deposit BTC in the value of between $20 and $10,000.

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Why Choose Bitcoin As A Deposit Method?

Bitcoin, as one of the most popular crypto tokens, has become widely used in different niches. Let’s mention a few reasons why you should use Bitcoin as a deposit method at an online casino.

Quick Deposits

Deposits with crypto are easy, simple, and instant. On top of that, there is no need to worry about the safety of your data.

Quick Withdrawals

Although some casinos might cash you out in up to seven days, most casinos will allow you to withdraw BTC in a matter of minutes, or even instantly.

Worldwide Established Payment Service

Crypto is not a taboo anymore. Over the years, Bitcoin has become a worldwide established casino payment method. You can use BTC to pay not only at online casinos but for many different products and services.

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Where Can I Buy Bitcoin?

The easiest way to buy Bitcoin is to use a Crypto-Trading Exchange. Most of these platforms offer different useful features, and will also allow you to sell, hold, or transfer your tokens to your digital wallet. Some exchanges will also allow you to buy crypto anonymously.

The next step is to connect your crypto-trading service to your payment option. Most services will allow you to connect a bank account, your Paypal account, or link a credit/debit card.

Once you’ve placed an order and bought BTC, you can transfer it to a digital wallet for more secure storage. It is strongly recommended for large and long-term crypto holdings.

Types Of Bitcoin

If you’ve been doing any research about Bitcoin, you might have also noticed the term Bitcoin Cash. But what’s the difference?

In 2017, almost 90% of BTC’s computing power voted to implement SegWit technology in the network. It was meant to reduce the amount of data from blocks by removing signature data from each block and putting it into an extended block. Since signature data takes up to 70% of each block, it wasn’t a tiny technology shift. It is essential because the larger size of the blocks positively affects BTC’s scalability.

During the same year, several miners and developers started to get concerned about the BTC’s future and ability to scale properly. That’s why they created Bitcoin Cash, whose block size reached 32 MB in the next five years, compared to BTC’s 1.40 MB. That’s why Bitcoin Cash offers faster transactions with lower fees.

Now let’s see the key differences between Bitcoin and Bitcoin Cash.

Bitcoin

Bitcoin has a large market cap of almost $400 billion and provides slower transaction speeds of around 3-7 transactions per second. The price of BTC has been very volatile, and the BTC dropped from almost $70,000 to less than $20,000 in a year. However, due to a smaller block size, BTC is currently more secure than Bitcoin Cash.

Bitcoin Cash

Bitcoin Cash has a market cap of around $2 billion and has a quick transaction speed of over 100 transactions per second. Its price is also very volatile, but more affordable than BTC – it dropped from $800 to $100 during the past year. However, due to higher block sizes and faster transaction speeds, Bitcoin Cash is currently much less secure than BTC.

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Types Of Bitcoin Casinos

As mentioned above, there are two types of BTC casinos – those which support only crypto, and hybrid casinos that support both crypto and traditional currencies, known as FIAT currencies. The biggest difference between these two types of casinos is related to different legal regulations.

Only Bitcoin Casino

These casinos are often not as regulated as those that support FIAT as well. By regulations, we mean compliance with state and federal laws, and going through a rigorous licensing process. Although it can have positive effects, such as faster transaction speed, it also means less oversight.

Bitcoin + FIAT Casino

Casinos that support both types of currencies are heavily regulated. A rigorous licensing process that ensures they are operating legally also prevents shady operators from taking advantage of players.

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Game Selection In Bitcoin Casinos

There isn’t much difference between traditional and crypto casinos when it comes to game selection. Both types of casinos offer a wide variety of slots and games, including table games and live casinos.

However, some crypto casinos have games that are specially designed to be played using cryptocurrency. Some of these games include Foxy Wild Heart Slot, Misery Mining Slot, and Gonzo’s Quest Slot. A good side of these games is that they usually have bigger payouts, which can be quite appealing to high-stake players. 

When it comes to game selection, you should also aim for casinos that provide games made by popular game developers. Microgaming, one of the most well-known teams, provides the highest-paying slots with a high RTP. The team implements the latest technology and is known for games such as Immortal Romance, Book of Oz, and Thunderstruck II.

IGT, NetEnt, and Playtech are also popular casino game developers, known for immersive themes and graphics and mobile-friendly interfaces. Some of their games include Starburst, Jumanji, Cleopatra, and King Kong.

Safety Of Bitcoin Casinos

Both traditional and Bitcoin casinos take security seriously, but they have slightly different approaches. While traditional casinos only use SSL encryption, Bitcoin casinos have an additional measure of security – crypto transactions are generally more secure than traditional transactions.

To keep transactions manageable and secure, crypto networks have implemented an algorithm known as “hashing”. Basically, when a transaction is complete, the hashing algorithm converts it to a set of unique characters. A good thing about this process is that it’s not reversible, meaning that you can’t “un-hash” the process to get the original data.

On the other hand, note that some crypto casinos offer deposits and withdrawals without the verification process. Although it can be convenient, it also means slightly less protection for their users.

Can I Use Bitcoin To Claim My Welcome Bonus?

You can withdraw your welcome bonus using Bitcoin only after you have fulfilled the necessary terms. Some casinos will require that you clear the wagering requirements, which is the amount the casino sets against the welcome bonus.

The quickest way to clear the wagering requirements is to play higher bets. However, it can also cause you to lose bonuses quicker. Some casinos also require that you play certain casino games to clear the wagering requirement.

After all, to ensure that you can claim your welcome bonus, make sure that your account information is correct. Without that, you may not be allowed to withdraw anything at all.

Are There Any Additional Bonuses When Using Bitcoin?

When using Bitcoin, you might get different bonuses and offers than when using traditional currency. Depending on the casino, you might get better rewards compared to when using FIAT.

Also, crypto bonuses usually lead to a longer gameplay session which can be beneficial in two ways; it can increase both your chances of winning and your chances of triggering specific bonus features.

Another bonus for gambling via crypto is that nobody can “freeze” your account and take control of your winnings. Since transactions are decentralized and public, no third-party application or institution can interfere with your withdrawals.

Alternative Casino Cryptocurrency Options

Bitcoin is currently the most popular and widely used crypto in online casinos and overall. However, Bitcoin also has some excellent alternatives. If you don’t want to play using BTC, you might want to try out some of the other popular coins, such as Ethereum, Litecoin, Cardano, and Tether.

Which eWallets Can I Use For Bitcoin?

Basically, there are two types of eWallets – hot and cold wallets. A cold wallet, or cold storage, usually involves storing your balance on a physical medium, which is in most cases USB drive. It is considered very secure since the device isn’t always connected to the internet.

A hot wallet is software that is stored either on your mobile, desktop, or online server. It stores your public and private keys, and although it is frequently connected to the internet, a hot wallet is still considered very safe and secure.

If you are a beginner, the best eWallet for Bitcoin would be Exodus, which is very simple and easy to use. If you aim for security, make sure to check out Trezor Model T, which is developed according to high-security standards.

Mycelium is the best choice for mobile users, while Ledger Nano X is ideal for integration. Finally, if you are an advanced Bitcoin user, you should check out Electrum.

Conclusion: Best Bitcoin Casino In New Zealand 2024

With all this information, let’s conclude – what is the best Bitcoin casino in New Zealand in 2024? Basically, you can’t go wrong with any casino from our list. Each of these offers great bonuses, low fees, and plenty of slots and games to choose from. 

On top of that, each Bitcoin online casino offers fast, secure and completely anonymous deposits and withdrawals, completely for free. Once you start using Bitcoin you won’t go back because the convenience and safety levels become a nice comfort blanket feeling – start today at the right Bitcoin online casinos and enjoy exclusive games and promotions with fast payment processing!

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FAQs: Best Bitcoin Casino In New Zealand 2024