Page updated on 02.03.2020

Bitpay Payments for Online Casino Deposits and Withdrawals

Bitpay CasinosHeadquartered in Atlanta, Georgia, BitPay ↱ was founded in 2011. Since then, their annual sales have reached over $1 billion from processing Bitcoin payments seamlessly and securely. At present, they are the most significant Bitcoin payments processor in the world and used by hundreds of thousands of Bitcoin users every day. Besides payment processing, they also offer the secured BitPay Bitcoin wallet and a BitPay Card, allowing users to convert their Bitcoins into dollars anywhere that Visa is accepted.

Pros:

  • Immediate processing times
  • low fees
  • can pay using a BitPay Card or via an app

Cons:

  • only supports USD currency
  • Bitcoin value is highly volatile
  • fees apply
  • not available in all countries

Online Casinos with Bitpay Payments

A few online casinos accept BitPay as one of their payment methods, including ones that we've listed below. Each one of these casinos is licensed in a reputable jurisdiction such as in the United Kingdom with the UK Gambling Commission or in Malta with the Malta Gaming Authority. We've created a casino review for each casino that we promote with the focus on the most important details including their games, bonuses, customer support, deposits & withdrawals and more.

Unfortunately, there aren't any casinos available that accept players from your country.

How BitPay works

BitPay acts as both a cryptocurrency wallet and an exchange facilitating Bitcoin commerce using an online app or Visas card.

You can find the online version of the BitPay app for Linux or Windows 10 on their website. There is also the mobile/tablet version at the Apple Store or Google Play for iOS or Android operating systems. The app allows players to buy Bitcoins that they can then use to spend online at participating merchants.

BitPay Visa cards are purchased for a one-time fee of $9.95. Activate the card and then create a free account. Use your BitPay wallet or the dashboard to top up the card balance. This can be done through a direct deposit or a transfer of funds from a compatible wallet. Funds can be spent globally at merchants accepting Visa as a payment method. You can also withdraw US dollars at ATMs, but there is a maximum cash withdrawal of $500 per transaction and $1,500 per day.

Deposits at casinos with BitPay

BitPay is not accepted at all online casinos in all countries. A player can determine whether their casino will accept BitPay from their country by logging in to their user account and scrolling through the list of available deposit options in the cashier section. A BitPay casino deposit is processed within seconds, meaning that you'll see the funds credited to your accounts very quickly.

Withdrawals at casinos with BitPay

You might also be able to make BitPay withdrawals from your online casino player account if you used BitPay to deposit funds initially. Check your casino first to be sure.

BitPay fees

BitPay does apply fees, but they are relatively low when compared to alternative exchanges. This is true both for making a BitPay payment as well as exchanging Bitcoin into fiat. These fees cover the costs of the BitPay network and wallet miner costs of exchanging Bitcoins into dollars.  Using the card to make a payment in the US is free, but there is a 3% transaction fee in all other countries. Inside the US, a $2 ATM fee applies, which increases to $3 outside of the US. The fees can change at any time, so it's best to confirm the charges by visiting the BitPay website.

Is BitPay legit and safe to use?

The BitPay app software is open source allowing anyone to view the code to make improvement suggestions and report bugs. This open source software increases transparency and trustworthiness.

You maintain control of your funds instead of the operator as the wallet is non-custodial. This also means that you are responsible for making sure that your Bitcoins are kept safe. As the payments use Blockchain, they are safe since users require a private key to make payments. Remember to keep your wallet safe and secure.

FAQ

Bitpay is an instant payment method and payments are carried out within moments. You can start playing immediately after the payment has been processed by the provider.

It's technically possible to receive funds and use BitPay for the casino withdrawal. However, it's depends on the casino if they offer it as a payment method, and you may only be able to use it if you've previously also used it for the casino deposit.

The BitPay app software is open source allowing anyone to view the code to make improvement suggestions and report bugs. This open source software increases transparency and trustworthiness.

You maintain control of your funds instead of the operator as the wallet is non-custodial. This also means that you are responsible for making sure that your Bitcoins are kept safe. As the payments use Blockchain, they are safe since users require a private key to make payments. Remember to keep your wallet safe and secure.

If you're eligible to receive a bonus at the casino, you should also be able to claim it with a BitPay payment. Some casinos exclude select payment methods from bonus money, so take a look at the terms before depositing.

Bitpay Inc. is based in Atlanta, Georgia, USA.

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